Why do we go around acting as though everything was friendship and reliability when basically everything everywhere is full of sudden hate and ugliness?

What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.

The public should know that the liability issues here have yet to be resolved or even raised. If you're a farmer and you're growing a genetically engineering food crop those genes are going to flow to the other farm.

The attributes for entrepreneurs cut both ways. You need the ability to ignore inconvenient facts and see the world as it should be and not as it is. This inspires people to take huge leaps of faith. But this blindness to facts can be a liability too. The characteristics that help entrepreneurs succeed can also lead to their failure.

The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car one had to provide ID a drivers' license and get insurance coverage. To buy a gun? Cash and carry from the back of a station wagon at a gun show. No concerns about downstream liability or risk.

Former President Bill Clinton who is widely regarded as a political mastermind may have sounded like a traditional liberal at the beginning of his term in office. But what ultimately defined his presidency was his amazing pliability on matters of principle.