Regulatory State: Difference between revisions
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Revision as of 01:48, 30 May 2014
Definition
"the rise of a web of regulations governing the terms under which business can operate, and often conferring on enterprises regulated protection from competitors: the classic example is the way planning regulations in effect confer local monopolies or duopolies on supermarkets established in particular local communities." (http://manchestercapitalism.blogspot.com/2014/02/introducing-foundational-economy.html)