Innovation meet .... regulation or why Free enterprise is now a fairytale
Once upon a time, when you built a better mousetrap, the world would beat a path to your door.
Established, inefficient ratcatchers would weep at first. Eventually, they would admit defeat and then follow in the innovator's footsteps or find a new line of work.
Now the ratcatchers just call on their tamed, fellow bureau-rats ....
The bureau-rats then begin strictly enforcing antiquated protectionist laws (or else create new ones) previously enacted for this type of eventuality (aka competition).
The ratcatchers continue to ply their over-priced inefficient service and the monopoly is maintained....
I'm waiting to be convinced otherwise......
Biting the hand that feeds IT
