The Choking of Progress

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   Overregulation by the government or ruling power not only chokes liberty, it chokes progress. If you hyperregulate everything, it is a lot harder to maintain a consistent and continuous pace of technological and social progress and innovation

      This happens because of the sweeping generalizations done by lawmakers and policymakers who often, either collectively as a group or individually, do not understand the complexities and depth of the situation they are trying to address or problem they are trying to solve.

        As a result, the policies they make and the regulations they try to implement are too simplistic for the complex problem and as a result have unintended consequences that can easily make things worse.

       Overregulation chokes progress because of the extreme slowing down of the innovation process that intelligent individuals and groups attempt to use to achieve wondrous and beautiful advancements. Overregulation also disrupts and chokes the financing of these efforts significantly. To put it simply, overregulation slows progress waaay down. 

       Even so, some regulation is necessary for the prevention of ethical and moral violations and the exploitation of the poor and working people who produce and consume the innovative goods and services.

Have a good day friends!

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