Companies are not squarely to blame for the anger and frustration that have so warped this presidential primary season. Nor are they entirely innocent. The growing economic inequality that polarizes U.S. politics is not merely the inevitable result of our free-market system; it is also a consequence of the choices our business leaders make. And those choices have contributed to the anti-business attitude that both parties have embraced.
But it’s not just business that has contributed to this attitude. Government regulation has pushed business, giving rise to the Law of Unintended Consequences. And the law of unintended consequences has real impact of how businesses work to bypass regulations.
A real example of this law may explain the rise of the Trump and Bern movement in American politics. Free Trade Agreements. Listen and comment.
SHOW NOTES:
The Law of Unintended Consequences
How Big Business Created the Politics of Anger
Pat Caddell: ‘The American People Have Figured Out They’ve Been Screwed’ By Free Trade
