For years, Big Business lobby groups have been advancing a legislative agenda to limit the liability of corporations that cause injuries. One of their principal arguments is that tort restrictions are needed to allow small businesses to survive. Yet internal business surveys have consistently shown this view to be utterly groundless.
When retail workers want something, they ask their employers, get denied, get bullied and sometimes fired. Sometimes, they take to the streets, as they have for the last three years on Black Friday. By contrast, when retailers want something, they scurry to the halls of Congress, where they purchase influence with their exorbitant profits.
America's statutes, policies and regulations (Laws) are designed for a non-digital world -- a world where a taxi was something you hailed on the street, not by clicking a smartphone app. The world of Bricks (i.e., the older traditional economy) and Clicks (i.e, the newer tech-fueled economy) are merging.
The Boston Globe about Wall Street's secretly purchased influence in Washington, D.C. was somewhat mistitled as being about the "struggle for the Democratic Party's Soul." It's also about how Wall Street's virtually unlimited cash secretly influences the key debates as well as the policy outcomes in the nation's capital.