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Keyword: captiveregulation

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  • How Corruption Is Strangling U.S. Innovation

    12/07/2012 12:30:53 PM PST · by AZLiberty · 10 replies
    HBR Blogs ^ | December 7, 2012 | James Allworth
    If there's been one topic that has entirely dominated the post-election landscape, it's the fiscal cliff. Will taxes be raised? Which programs will be cut? Who will blink first in negotiations? For all the talk of the fiscal cliff, however, I believe the US is facing a much more serious problem, one that has simply not been talked about at all: corruption. But this isn't the overt, "bartering of government favors in return for private kickbacks" corruption. Instead, this type of corruption has actually been legalized. And it is strangling both US competitiveness, and the ability for US firms to...