We’ve all heard the term, “you cannot legislate stupid.” How about responsibility?I pose that you may in fact be able to pass laws that on the surface, require individuals and corporations to be more responsible, but in the end, when people are regulated to the point of losing a majority of individual liberty without a just gain, those being regulated will simply stop doing whatever they’re doing, whether in business or personal life. This can be extremely detrimental, especially in a society where the void may not be easily filled. In a true capitalist society, it may be rather easy to fill these vacancies. However, since the mid 1970s, we have been transforming from an industrial-capitalist society to a socialist-service oriented society.
What’s the incentive to fill the black hole left by the entrepreneur?
Something to consider.
/john
