Recent public opinion polls reveal that most American millennials today are anti-capitalism. Socialist Bernie Sanders certainly tapped into that opinion during the 2016 presidential primaries. Many millennials blame capitalism for a host of ills including generational poverty, environmental degradation and the hollowing out of the middle class.
Read MoreEuropeans, because of the continent’s history of fascist and totalitarian governments, have been more concerned about protection of their privacy and personal data than Americans. Although this may be changing as more and more Americans become victims of identity theft due to hacks of their financial information held by credit bureaus, banks, retailers and others.
Read MoreWith the 2017 hurricanes devastating the Gulf Coast, Puerto Rico and other islands in the Caribbean and today’s “bomb cyclone” pummeling the east coast with blizzard conditions, many companies will be unable to perform their contractual obligations, either in the short term or the long term depending on the damage sustained by their facilities and operations. If these companies entered into contracts with well-drafted “force majeure” clauses, they will be able to stand on one leg of a defensible position if their customers sue them for breach of contract.
Read MoreIn 2017, the Trump Administration rolled back numerous federal regulations to reduce “government red tape” which the Administration contends hamper business operations and innovation. However, several U.S. states continue to impose and vigorously enforce their own regulations on products to protect consumers and the environment. For companies selling nation-wide, this can be a costlier compliance challenge than dealing with federal law. It is more difficult to keep track of all the laws and regulations imposed by state legislatures and state agencies. Further, the state laws and regulations differ.
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