It turns out that this “anticorporate” agenda of ramping up regulation is actually pro-corporate. Stringent regulations tend to protect incumbent firms from their greatest fear — innovative start-ups that could drive them out of business.
Columnist Reihan Salam argues that instead of curbing corporations, regulations actually keep them powerful. (via thedailyfeed)
(via thedailyfeed)
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thedailyfeed ) A great piece by my friend Reihan.
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