The Sconi

In a world where government intervention in business operations is becoming more prominent, concerns are growing about the impact of these policies on entrepreneurship and innovation. The resurgence of industrial policy, championed as part of Bidenomics, has sparked debates about the role of government in shaping economic activities.

The sentiment that government involvement is pervasive in development projects is echoed by critics. As one observation points out, "Sometimes it seems that no major development project occurs in Wisconsin without the visible hand of government steering it."

The shift towards industrial policy has drawn both support and criticism. While some view it as a necessary tool for promoting specific industries, others recall historical skepticism towards government intervention. This sentiment is captured in the words, "Government is not the solution to our problem; government is the problem."

President Biden's inclination towards subsidizing various enterprises has raised concerns about the extent of government influence. The article notes, "President Biden seems interested in subsidizing any and every enterprise he favors."

Critics argue that the current wave of industrial policy differs from past successes, as it aims to counteract consumer preferences and address social issues. This approach has led to resistance from entrepreneurs who are wary of government subsidies and regulations.

The concept of "Going Galt," inspired by Ayn Rand's novel, has resurfaced as businesses contemplate withdrawing from government programs and subsidies. The article suggests that, "As the central planners in Madison, Sacramento, and Washington persist in pushing industrial policies with massive subsidies, productive entrepreneurs and business leaders might dream about 'going Galt' and withdrawing their services."

In conclusion, the debate over government intervention in business operations continues to evolve, with entrepreneurs and business leaders exploring alternative paths in response to heavy-handed policies.