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The crystal ball remains opaque

We live at a time when science and logic fail us. We experience events and consequences which can be supported by neither reason nor science. We need to better understand the context and gestalt before reacting.

Tensions have been gradually rising in societies during the past two decades, primarily a consequence of rising income and wealth gap. Further segmentation caused by the rapid evolution and adoption of technologies created a digital divide, adding to tensions. Of course, there is generational tension; we all blame our parents for our problems. Add to the mix preexisting racial tension and the stresses caused by the financial crisis of 2008. The situation could be called volatile. Then come the widely disseminated videos of police brutality and tensions reach a boiling point. Virtue signaling politicians want to be seen "doing something" which again lead to unforeseen and often unpleasant consequences.

To start at the beginning, there was growing inequality of income and wealth.Maybe this is the core issue we should be focusing on because all the upheavals may not really be about race or religion, cops vs. robbers. I have great respect and admiration for LEOs, most of them are really good people. There are some bad apples and they are sorted. We can let rhetoric or dogma divide us or a greater purpose unite us. The time to choose is now.

The traditional response to inequality was usually a raising of the income tax with the rise of income. This approach has two unintended consequences. One is to stifle innovation and investment, to drive new business formation to countries with friendlier income or wealth taxation. The other is the result of a new influx of tax revenue into the hands of governments with a ravenous appetite for spending. The result is the increase in the reach and growth of government.

Another institutional approach to inequality was antitrust legislation purported to limit the range of control one firm or one person can exert on an industry. During the past two decades antitrust laws have been weakened by many loopholes. Global companies with deep pockets can easily skirt the intricacies of regulation. The greater the regulation, the greater the power the government has over us.

The cost of a smaller, more responsive government is self-responsibility. We can find ways to shift from a culture of dependency to a culture of opportunity. Just at a time when social structures crumble, when the pillars of civil society, religion and government lose faith and support, we must envision structures that serve us as people, as a nation, as a society and not as black, brown or white, Christian or Muslim, democrat or republican.

Such a Utopian society will have extinguished corruption in all forms, will have imposed inviolate limits on the growth of government as well as its power to borrow or print money, taught, encouraged and actively supported entrepreneurship, removed all barriers to new business formation, specified the objectives and constraints of the executive, legislative and judicial branches ensuring their complete independence, free and independent media devoid of government ownership, influence or control.

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