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Will the USA ignite or suppress individual entrepreneurship through self-employment?:
An analysis, opinion and discussion

30 September 2011

The USA is living through an economic crisis the likes of which have not been seen since the Great Depression. Some argue that the US is in the process of decline as the dominant global empire. In this series of articles we investigate how the US is negatively approaching the very thing that made it great---its ability to cradle individual entrepreneurship. Our bias is our belief in self-employment as the heartbeat of entrepreneurship.

Articles:

Setting the scene

The fabled entrepreneurship of the US historically sets it apart from other nations and is the primary source of US economic strength. And it's in self-employment that individual entrepreneurship finds its greatest springboard. In fact, self-employment and entrepreneurship are 'joined at the hip'! Follow our ongoing discussion on entrepreneurship.

But what's unfolding in the US at the moment is a process that will destroy self-employment by outlawing it legislatively. It's a process of legislative 'salami tactics'---bit by bit.

The campaign is not being promoted under the banner of 'self-employment destruction' but that will be its outcome. For the US, who some say is now in a Depression, this attack against individual entrepreneurship will surely only worsen the plight of the US economy and, in particular, the people who are the 'middle America' entrepreneurs: the real wealth creators!

This is a big claim for us to make. But we make this assessment based on our decade-long experience of specialising in, and lobbying on, regulation and other issues affecting self-employed people.