Socialism, by which I mean democratic socialism, is an
absolutely appalling doctrine, but the worst thing about socialists is that
they are liberals too.
The worst thing about conservatives is that they are
liberals too.
The worst thing about liberals is that they are no longer
liberals because they no longer believe in freedom.
If you seek their monument look In the European Union
which actually boasts of being not the superpower as it once hoped to be but a ‘regulatory
superpower’.
Look at the edifice of regulation, compliance regulation,
and DEI/environmental inclusivity regulations
The best thing about Marxists is that they are not
liberals. When one listens to Marxists while being aware of the tenets that are
de fide in their false religion they have a lot of their insights because they
understand power.
Marxist legal
scholars of the Rosenberg Circle have developed the idea of regulatory
imperialism. Regulatory imperialism means the way in which the increasing
complexity and extraordinary complexity of compliance rules bind companies like
the sleeping Gulliver was tired up bu
the Lilliputians
He broke free in an instant. multinational companies have
done the same.
Compliance laws benefit big companies. Small and medium
sized ones live off their largesse but cannot compete with them.
It is, in fact, a kind of trickle-down economics a
doctrine that Laffer wrote on the back of an envelope over dinner with Donald
Rumsfeld.
The economists say it doesn't work. It always entrenches
the position of the rich and keeps the less rich in their places.
That's certainly the case with compliance legislation.
The large companies that are polluting or infringing other laws are able to absorb
the cost of fines while they build market share.
Actually the companies lobby for more and more regulation
because the more regulation there is, the more entrenched their market position
is.
There are still people in Eastern Europe who are
nostalgic for the communist days but it's better under Washington. That’s
beside my point which is that nature abhors a vacuum and the vacuum left by the
Soviet rulers was filled by the Americans and their Frankenstein’s monster, the
European Union.
What we have seen is the systemic transformation of
Eastern Europe into a managed regulatory colony
That's where Marxists are more useful than conservatives
and much more useful than people who believe in the European project.
The Rosenberg Circle is a group of neo-Marxist legal
scholars lawyers who do not see economic
growth as a rising tide that lifts all boats and see compliance as purely a
battle for power. Who whom as Lenin didn’t say.
I'm an admirer of the British Empire but this kind of
colonialism is much less benign.
When a structural failure or procurement scandal occurs
in a large international organisation, executives do not panic. Instead, they
point to completed compliance files to prove they followed standard protocol.
Nowhere does this trap snap shut more aggressively than
with the heavy industries of the European periphery. Consider how this economic
imperialism hands infrastructure construction and defense procurement two
things essential to every nation to foreigners. EU procurement directives
demand an absurdly complex trail of data mapping, running the gamut from
granular carbon accounting to corporate diversity quotas within supply-chain
networks
I spend much of my time meeting lawyers and there was a
time when I thought of public procurement law as tedious but it's the opposite.
It's by far the most exciting, the most cynical area of law there is.
The world, Horace Walpole said, is a tragedy for a
comedy, for those who think, a tragedy for those who feel, and public
procurement law in Europe is the same.
Yesterday, I listened to the talks available on the
internet of Patricia Kovacevic, a Romanian lawyer who has got into the
compliance game in the United States. It's not actually boring, but only if you
don't understand the code in which she is speaking. When you understand the
code they're astonishingly interesting. She notes that varying regulations
produce "different levels of sophistication" and inevitable
"consolidation." Translated from the dry dialect of the boardroom
into the language of honest men, this means something altogether more sinister.
"Sophistication" is merely the polite word for a bank account large
enough to retain a regiment of expensive lawyers, while
"consolidation" is the execution warrant for the independent trader
who cannot pay the entry fee to the bureaucratic circus. The great global
corporations actively welcome this mountain of red tape, knowing that while
their own treasuries can carry the weight, their smaller domestic rivals will
simply suffocate beneath it.
To this modern malaise, the radical gentlemen of the
Rosenberg Circle propose a Marxist revolution , an idea not though without
romantic charm to a Tory.
Rejecting the naive notion that Eastern Europe can ever
achieve equity through obedience, they advocate for a spirited regional mutiny
that throws Brussels' ESG metrics and procurement rules entirely out the
window. In place of these abstract data traps, they demand streamlined national
codes that favour real factories, raw industrial output, and state-subsidized
domestic firms legally shielded from the jurisdiction of foreign courts. It is
a grand, if perilous, scheme of decoupling, built on the simple realization
that to escape the trap, one must stop paying the legal tribute, refuse to tick
the boxes, and reclaim the ancient right to manage one’s own affairs.
No comments:
Post a Comment