In defence of capitalism and #entrepreneurs (and I’m not biased!). Who do you think will create the jobs of the future?
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- Any appreciable job creation in the future will come from private enterprise. Service jobs and tech jobs will assuredly lead the way. Entrepreneurs who can, for instance, overtake the oil companies and put Hydrogen fill up stations for a truly eco-friendly Hydrogen car will create thousands of jobs.May 27, 2012
- Consumers create jobs by demand not global capitalists. You don't have to be a capitalist to be a creative entrepreneurMay 27, 2012
- Until Richard Branson speaks to the legal fraud of Corporate Person hood he may be a great man and great thinker. But he is not that intellectually informed with integrity yet. Take his notions of Civilization improvement with informed caution. Corporate Personhood and Net Energy are the two issues that validate all understandings of Civilization problems and possible solutions.May 28, 2012
- Thats the truth the whole truth and nothing but the truthMay 30, 2012
- I find the concerns of "selfishness", "greediness", and "unethical" being tied to entrepreneurship and capitalism to be inaccurate portrayals of reality. Sure, there are some entrepreneurs who are greedy, exploitive, dishonest, manipulative, and self-serving - just as there are teachers, nurses, doctors, government employees, scientists, welfare recipients, etc. who also share these negative characteristics.
For the most part, though, entrepreneurs are some of the greatest people I know - most do not exhibit those negative characteristics. Most have identified an unmet want or need, or figured out a way to deliver greater value than alternative products and services, and in order for them to make money there have to be customers who perceive that the product or service that is being offered provides enough value that they are willing to voluntarily part with their hard earned money to obtain that value.
The reason that capitalism, largely, is such an ethical system is that nobody forces the entrepreneur to create this value, nor does anybody force customers to buy it (there are, of course, some unusual exceptions to this rule). If you don't like a product or think that a company is unethical, then as a consumer you can stop doing business with such a company and/or even start a competing business and let the market decide which company they would rather do business with.
Most of the entrepreneurs I know have taken considerable risk, have worked hard (sometimes for multiple years without pay, or with compensation that's considerably lower than they would make working for someone else), have a high level of integrity, are passionate about delivering value to customers and society, are constantly seeking ways to improve their products and services to create additional value, and love the creativity that their venture allows. Sure they expect to be rewarded well when they are effective in efficiently delivering value, but they also bear the risk of failure.Aug 7, 2013
- Public demand for goods and services will create the jobs of the future...Aug 9, 2013