Personally I think that overregulation pretty much amounts to the same thing as the government jumping in and taking over a business or industry and running it themselves.
I`ve always believed that, if we have the opportunity to succeed at something, the opportunity to fail also has to be there, or else we are simply left with medioctrity across the board, a lack of quality and an abundance of average. Success in business comes from many things; hard work, vision, market demand, etc. When those things change, the business either adjusts and succeeds, or fails. There are no guarantees of anyone succeeding at anything forany amount of time, yet that rule seems to be unacceptable anymore to many people in government, and much of the public probably sees it this way as well.
The government is not a business, is not set up to act like a business. How it thinks that it can literally step in and run businesses is beyond me. It is only a precedent for what else could happen in the future.
Capitolism hasn`t failed. People fail. Businesses fail. Saying that capitolism has failed is just an excuse to set it aside and take a different route of doing things.
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