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February 8, 2014 08:00 pm GMT
Tea Party activists have shoved the small-government fringes of the Republican party into the spotlight, with Sen. Rand Paul a leading Libertarian figure. At the State of the Net ConferenceI spoke with this new leader in the Republican party, asking about what life wouldbe like for innovators under conservative leadership, and how libertariansviewed technology? I kept it deliberately philosophical to understand how Paul will view issues in the future. Here are a few take-aways. Federalism For Everyone! It’s a caricature of libertarianism to believe that it’s only about slashing the government into the smallest possible slice of its former self. “Federalism is that you devolve power, and the power is not all in Washington, it’s in different places,” Paul tells me, when asked about the future of small-government conservatism. Under a federalist government, San Francisco could allow a drone to airdrop you a piping hot taco, while New York City could choose to outlaw Amazon’s new army of delivery drones. Silicon Valley has always had a separatist itch; a libertarian might give them more room to experiment. Though, in practice, Paul (and other libertarians) have valued no government over decentralized rule. Paul opposed the law that would allow states to collect Internet sales tax, which would have effectively hiked up everyone’s pajama-clad Christmas shopping splurge about 7%. Federalism is a nice theory, but unclear how it could impact the Valley. Allowing Companies To Do Good, Stockholders Be Damned Paul thinks that Silicon Valley should have more leeway to invest in socially beneficial products. “There is a sense, particularly in young people, they still want to make money, they want to do things that are successful, but they’re socially conscious.” “There’s a certain community spirit, particularly among young people, with the way they approach business”. He says he supportive of legislation to give legal immunity to B-corps, (Benefit Corporations), which would allow for-profit companies to invest in sustainable products, even if it wasn’t the best way to optimize shareholder value. Stockholders “can always leave your company if they don’t like what you’re doing, but should be able to do things, even if they’re not the least expensive thing, because you think this is good for the environment.” Science Funding, If You Can Find It “The real explosion of the Internet was the lack of control,” argues Paul, in response to my question about whether federal funding of science labs proves its
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rjzAsuFOclY/
One Silicon Valley, Under Libertarian Hero Senator Rand Paul
Tea Party activists have shoved the small-government fringes of the Republican party into the spotlight, with Sen. Rand Paul a leading Libertarian figure. At the State of the Net ConferenceI spoke with this new leader in the Republican party, asking about what life wouldbe like for innovators under conservative leadership, and how libertariansviewed technology? I kept it deliberately philosophical to understand how Paul will view issues in the future. Here are a few take-aways. Federalism For Everyone! It’s a caricature of libertarianism to believe that it’s only about slashing the government into the smallest possible slice of its former self. “Federalism is that you devolve power, and the power is not all in Washington, it’s in different places,” Paul tells me, when asked about the future of small-government conservatism. Under a federalist government, San Francisco could allow a drone to airdrop you a piping hot taco, while New York City could choose to outlaw Amazon’s new army of delivery drones. Silicon Valley has always had a separatist itch; a libertarian might give them more room to experiment. Though, in practice, Paul (and other libertarians) have valued no government over decentralized rule. Paul opposed the law that would allow states to collect Internet sales tax, which would have effectively hiked up everyone’s pajama-clad Christmas shopping splurge about 7%. Federalism is a nice theory, but unclear how it could impact the Valley. Allowing Companies To Do Good, Stockholders Be Damned Paul thinks that Silicon Valley should have more leeway to invest in socially beneficial products. “There is a sense, particularly in young people, they still want to make money, they want to do things that are successful, but they’re socially conscious.” “There’s a certain community spirit, particularly among young people, with the way they approach business”. He says he supportive of legislation to give legal immunity to B-corps, (Benefit Corporations), which would allow for-profit companies to invest in sustainable products, even if it wasn’t the best way to optimize shareholder value. Stockholders “can always leave your company if they don’t like what you’re doing, but should be able to do things, even if they’re not the least expensive thing, because you think this is good for the environment.” Science Funding, If You Can Find It “The real explosion of the Internet was the lack of control,” argues Paul, in response to my question about whether federal funding of science labs proves itsOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/rjzAsuFOclY/
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