This is a continuation of yesterday’s blog. The question in my mind is whether modern commerce can survive more Lefty government and regulatory expansion in the U.S. before it is quashed.
First, large corporations will survive the onslaught of government regulations, even being driven out of the U.S. by perverse tax policies. But large corporations are not the source of vitality in a modern commercial world. Many modern large corporations are run by blind Lefties who will allow themselves to be killed. Amazon, Google, Uber, Airbnb and Target are led by people who are voluntarily walking to the guillotine.
Second, new businesses are the source of commercial vitality and they can get started in any lightly regulated location. There will always be such places in the vastness of America.
Third, new businesses need the milieu that protects and promotes people who start businesses. I don’t see that in the close minded, anti-commerce worlds of modern Lefty union controlled cities.
When Lefty politics dominates the minds of the people who start businesses, the kind of people who become snowflakes in college, modern commerce will not flourish.
Are there people who will escape the poisoned atmosphere of American colleges and cities?
Just looking at contemporary America, our vitality is gone. It could be revived with
- an immigration policy that supports Indian, Asian, Israeli and other innovators
- a tax policy that does not tax the full earnings of American corporations overseas
- a monetary policy that does not promote finance over new businesses
- a deliberate effort to suppress unions and government regulation
- a taboo on intruding into the operation of business such as high minimum wages and family welfare rules enforced on business practices
None of that will happen in a Lefty political world. So revival is out of the question if the Left prevails.
But is survival possible under the current political conditions?