Furthermore, most new laws and regulations are oriented toward identity politics, notions of social justice, multiculturalism, political correctness, and the like. Old laws are rarely abolished, just buried under new laws. They believe thatвЂ™s what theyвЂ™re there for. ItвЂ™s bound to get worse, not just for the reasons IвЂ™ve already mentioned, but because legislatures of all sizes are constantly passing new laws. They donвЂ™t notice what the little guy thinks or says and donвЂ™t much care about the peons in вЂњflyover country.вЂќ Big bureaucratic things move slower than little entrepreneurial things. As an economy becomes more centralized, it naturally becomes less responsive. The government continues growing much faster than the economy itself. Big companies are getting bigger, merging and acquiring smaller companies. ThatвЂ™s a good thing because itвЂ™s better for the society if everybody is skeptical and questions authority.Дespite that, weвЂ™re basically becoming much more centralized. On the bright side, however, the average person seems to be becoming aware of that. ItвЂ™s unfortunate that at this point you really canвЂ™t trust either government or Big Business. The situation is complicated by the fact outfits like Facebook, Google, Amazon, and Twitter work hand in hand with certain government agencies. Worse, the whole apparatus has long been captured by rent-seeking cronies. You can see them at the DMV and the post office. ThatвЂ™s bad enough, but itвЂ™s run by-no surprise-the type of people who become government employees. Government, on the other hand, is necessarily a monopoly based on coercion.

ItвЂ™s a disturbing trend.Д¬ompanies have a vested interest in providing the best product at the most competitive cost to their customers. How and why did this happen? What does this say about the economy and society?Дoug Casey: It indicates a growing dislike and distrust of business and commerce and increasing reliance on the government. It seems the compliance industry was created not by satisfying a demand in the marketplace, but rather by satisfying some rule a politician made arbitrarily. Most companies of even modest size now have a compliance department, along with numerous compliance officers and supernumeraries. There are too many regulations today, many with severe penalties. International Man: Everywhere you look, ever-increasing government regulations create a serious obstacle to economic activity.

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