> Dempsey argues there should be greater recognition of the extent to which startups benefit from government infrastructure. "I can guarantee that if you don’t

> Dempsey argues there should be greater recognition of the extent to which startups benefit from government infrastructure. "I can guarantee that if you don’t have a legal structure you will not have innovation," he says. "Instead you will have chaos." I'd say that one doesn't necessarily imply the other. It's possible to agree on a legal framework (code of conduct, how contracts are enforced etc.) without government infrastructure. Government infrastructure on the other hand doesn't necessarily imply a well-structured, consistent legal system. Just ask any entrepreneur in any country about the intricacies and inconsistencies of local tax laws. Common law by its very nature is complex and often contradictory.