There's more than one way to progress! Reducing start-up capital requirements by tearing down regulations is one, sure. Other ideas:
- Govt subsidizes new businesses with capital/staff/what-have-you so they can comply
- ...and to steal a libertarian arg against welfare: charitably-minded private citizens could do the same :)
- Expand social safety net so private businesses don't have to provide the same for their employees, freeing up capital for compliance
- We can just deal with a higher threshold starting businesses... like honestly what _is_ the proper threshold here? Are we even optimal now? Lots fail and ruin peoples lives, when honestly maybe it's better for those same people to go work at a successful business as a manager.
- Govt subsidizes new businesses with capital/staff/what-have-you so they can comply
- Expand social safety net so private businesses don't have to provide the same for their employees, freeing up capital for compliance- We can just deal with a higher threshold starting businesses... like honestly what _is_ the proper threshold here? Are we even optimal now? Lots fail and ruin peoples lives, when honestly maybe it's better for those same people to go work at a successful business as a manager.