The bureaucracy and the regulation isn't the problem by and large.
If anything it just needs to be easier and more automated to navigate the regulation when setting up business.
I know that the capitalist really like to sing this song. "It's the regulation, just let us self regulate and we'll create so and so many jobs".
Yeah, just like they did in the 1800 hundreds. Abysmal working conditions, minimum pay, toxic waste dumping etc. etc.
Or how the banking sector has managed to blow up several times since "deregulation" in the -80s by Reagan. 2008 market crash anyone?
The problem is that there's less and less purchasing power. Even if you have a proven business case such as hairdressing or serving food your most important asset is a customer base who have money.
You start by putting money in the pockets of the people and suddenly all kinds of lucrative markets and business ideas become viable.
The regulation is needed to protect the society from all the harmful shorcuts that businesses would otherwise take. Such as poisonous food, toxic waste dumping, ponzi schemes and insider trading etc. etc.
I know that the capitalist really like to sing this song. "It's the regulation, just let us self regulate and we'll create so and so many jobs".
Yeah, just like they did in the 1800 hundreds. Abysmal working conditions, minimum pay, toxic waste dumping etc. etc.
Or how the banking sector has managed to blow up several times since "deregulation" in the -80s by Reagan. 2008 market crash anyone?
The problem is that there's less and less purchasing power. Even if you have a proven business case such as hairdressing or serving food your most important asset is a customer base who have money. You start by putting money in the pockets of the people and suddenly all kinds of lucrative markets and business ideas become viable.
The regulation is needed to protect the society from all the harmful shorcuts that businesses would otherwise take. Such as poisonous food, toxic waste dumping, ponzi schemes and insider trading etc. etc.