They don't understand the political market under which they've been forced to operate. The alternative to using political power to fight over a shrinking pie, says Smith, is for business to become more savvy at holding off the regulatory pie-shrinkers. Political regulators keep promising to keep regulatory football stable this time around. But business keeps finding that when it runs for the ball, it moves and business falls flat on its assets. Now, he says, mining and timber face similar threats.
Privatization seems to be gaining ground in parts of the world outside of the United States.
There are signs of hope around the world. But the problem is that we are the one country in the world able to afford more government. Read Michael Fumento's additional work on economics and environmentalism . Michael Fumento is the author of numerous books , including Science Under Siege .