Do Democratic Practices Stunt Technological Growth?

Technological progress has moved faster in the 21st Century than previously in history. Already this century we have seen explicit, revolutionising technological advancements, such as contactless payment, Facebook and smart phones. Political implementation is a long process, meaning legislation is often trying to keep up with technology, not the other way around. It is even more difficult when aspects of the product defy the nation state. The Internet, for example, encounters different legislation in different territorial regions because its service extends beyond territories. However, governments, despite appearing to invest heavily into STEM and other technological areas, will stunt technological growth.

0 Shares

You must be logged in to post a comment Login