05 December, 2011

Dear Left: Corporatism Is Your Fault | Bleeding Heart Libertarians

Dear Left: Corporatism Is Your Fault | Bleeding Heart Libertarians: You complain, perhaps rightly, that corporations are just too big. Well, yeah, we told you that would happen. When you create complicated tax codes, complicated regulatory regimes, and complicated licensing rules, these regulations naturally select for larger and larger corporations. We told you that would happen. Of course, these increasingly large corporations then capture these rules, codes, and regulations to disadvantage their competitors and exploit the rest of us. We told you that would happen.