The World Has Lots More” Now What? Steps to Take

The point of this series is to make clear how the world has changed for the better since innovation and trade have taken off to provide increasing amounts of “More”, while the old standby of taking it from others ultimately results in “Less.” The problem is we either have to commit to adapting to a changing world with greater flexibility and efficiency or get caught in the downward spiral of government-directed economies invariably get snared. More government direction and you go down the road to “less.” The leaders promise “More” and maybe initially deliver by taking it from some and giving it to supporters, but ultimately they can’t adapt quickly enough and fall behind. The people get restless. The leaders grow fearful and clamp down on dissent. Maybe, aggressive foreign ventures are taken to distract from the leader’s failures. Sanctions for these actions or human right violations follow adding to the economic distress. The country is forced out of normal trade as unreliable in any supply chains. The economic situation gets even worse and the leaders have to be even more repressive. On and on it goes. Unfortunately, this is the history of every modern top-down government. If we wish to avoid this horrible fate we need to take certain steps:

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