20 The State Of Business

“The art of taxation consists in so plucking the goose to obtain the largest amount of feathers, with the least possible amount of hissing.”

Jean-Baptiste Colbert,
treasurer to Louis XIV.

Looks at the considerable effect of the state upon how we run our business enterprises.

  • Taxation has many negative spin-offs beyond the simple draining of capital resources from the economy. These include its encouragement of short term thinking; the moving of resources offshore; the brain drain of talented minds devoting themselves to saving taxes, or living abroad to avoid them; the considerable add-on cost to all goods and services.
  • The state made possible the Limited Liability company concept. Prior to this companies, or the people who owned them, were liable for the consequences of their activities. Knowing that you can lose their shirts tends to keep your eye on the ball. Now they can just call in the receivers and drive home with clean hands and full pockets.
  • We consider all those government schemes that fail in their objectives, consuming vast sums of our money in the course of it. The nuclear power industry and the Common Agricultural Policy are discussed.
  • The effect of relentless regulation is studied. In business from the age of 19, the author points out that were the fork invented today it would not be permitted. We have natural standards, such as the one Heinz set for baked beans, Bic for disposable lighters or Apple for personal computers. They work, and are flexible too.
  • False legitimacy given by the state begets so-called business enterprises that would never occur in a freely operating business climate. We see how the uninsurable nuclear industry would not exist, nor the arms industry nor artificial fertilizers.
  • Most state legislation channels us into a corporate world where the small start-up gets harder and harder. How our natural enterprise is stifled by all the above and more.

Greg's posts on this

Strangled for selling single cigarettes, allegedly

Eric Garner was killed by NY police who suspected him of selling “loosies” on the street – cigarettes sold singly, not in packs. The policeman who choked him to death was acquitted of any wrongdoing, triggering mass protests across America.


Seven current examples of the out-of-date state in action.

UK  – FRACKING away! The UK government pushes forward with its plans to frack the hell out of our green and pleasant land, pumping toxic chemicals through miles of horizontal shafts beneath the ground. They are bribing local councils to


The state is worse than obsolete

As we stride forward into a global community of the 21st century, the state increasingly attempts to drag us backwards through overbearing surveillance and repressive laws that increasingly favor large corporate interests. This article from the Guardian tells it like


Death in/of the Pacific?

Why is there so much death and disease among sea life living near the west coast of North America right now? Could the hundreds of tons of highly radioactive water that are being released into the Pacific Ocean from Fukushima


UK plans to build more nuclear

While Germany is scrapping all of its nuclear program and France cutting nuclear back by 33%, the UK announces plans to expand its nuclear program. There have been no nuclear plants built in the UK of USA for over 20