American Dominance: A Call for More Global Competition

According to an article by The Register (Last accessed: 18 June 2016),  "CIA director John Brennan told US senators they shouldn't worry about mandatory encryption backdoors hurting American businesses. And that's because, according to Brennan, there's no one else for people to turn to: if they don't want to use US-based technology because it's been forced to use weakened cryptography, they'll be out of luck because non-American solutions are simply 'theoretical'".

Basically what this person is saying is that, let's just spy on non - Americans and not worry about the rights of citizens around the world, because the world has no-one to rely on apart from American companies and American infrastructure anyway!

At the moment, the US dominates information technology globally. That, in itself is not a problem. But problems begin when policy makers are influenced by logic like this. As arrogant and wreckless as I find this statement to be from someone who holds such an influential  position, it is a rational view from his standpoint. 

The rest of the world -  their rights to privacy and their rights over their information - is,  to an extent, massively affected by American policy makers, yet we do not have any say as to who their leaders are. We cannot vote for the leaders who affect our lives. The only way so far as I can, see is to compete. 

Such proclamations are really a challenge for citizens, companies and governments  all over the world to give the USA some real competition. The problem is, the rest of the world seems to stifle their young businesses from growing while America continues to encourage and support their entrepreneurs. I say this because I have looked into incorporating in Europe (Belgium) and Asia (Philippines). 

For starters, minimise the tax and regulatory burden for small businesses. Make it easy for them to work on their ideas and start a business. Wait until they grow then by all means, tax them appropriately. For example, in Belgium, the simplest private company structure requires you to show how your shareholders can raise a particular amount of capital, about 20000 EURs or Dollars, if I remember correctly, even if you are establishing an online service-based business, where there is little capital required, when you do not need an office and employees because all you need is a computer and an internet connection. In the Philippines, they require 5 directors, 3 of which need to be a resident in the Philippines! They're basically limiting enterprises that have less than 5 directors, let alone three living in the Philippines. In Australia, there is no need for 5 Directors (just 1 will do). 

Every nation, every government should think of how their regulations and their funding policies are helping out or harming small businesses, especially those in technology because their future depends on it.