Never underestimate the incompetence of government.
To write about business one should be in business, just as in writing about Tasmania one should visit Tasmania.
Our contemporary brand of socialism has one fatal flaw. It's too expensive. When you try to shower benefits on so many recipients, you eventually must resort to subterfuge. Foremost among those tricks is money and credit expansion. Inevitably, you debase your currency.
To enslave a people, give them money they didn't earn.
Government is not competent enough to regulate.
Good times weaken belief.