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Innovation Corruption - Why Our Government Isn't Working

The Economy of Influence

For those of you who follow my writing, you know of my admiration for Professor Lawrence Lessig. He is one of the most relevant thinkers of our time. His recent speech “Innovation Corruption” was delivered May 20th at the Yahoo! campus in Santa Clara, CA (video below). The message was clear: government and business are corrupted by money. This corruption blocks innovation because regulation is designed not for everyone's good but to maximize money paid to Congress. The system Lessig referrs to is the “economy of influence.” Our government is completely corrupted, that it is why it doesn't work and people better wake up and pay attention.

From the Obama presidency, to the food business, to the broadband deployment problem in the U.S. and EU, Lessig cites examples of money's influence from a number of sources. His plea to the audience was to do something: the public is very much a part of the problem when clearly there are corruptive patterns that no one does anything about.

Did you know almost half of all senator and house members become lobbyist when they retire or lose their office ? This is just the beginning. Watch to learn more about just how corrupt the system is.

 

 

 

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More Stories By Bryan O'Rourke

Bryan O’Rourke is a health club industry expert, technologist, financier, shareholder and executive in several fitness companies. He consults with global brands, serves as a member of the GGFA Think Tank, is President of the Fitness Industry Technology Council and a partner in FitmarcIntegerusFitsomo and the Flywheel Group. To learn more contact Bryan here today .

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