I’m smart enough to know that “seems to oversimplify” or “another broad simplification” is not a worthwhile objection to every statement that you happen to disagree with. — Stan
To oversimplify even more, I evaluate most philosophers as introverts and most entrepreneurs as extroverts. — Stan
So why is it that most people that are interested in philosophy aren't interested in Entrepreneurship? — Gitonga
He takes nothing from the state and receives nothing from them. — Brett
he wanted to be free and independent in the world instead of being beholden to someone who decides what he gets paid, what his hours will be, how he’ll do the job, and what his future might be — Brett
and you replied,which benefits them and, no one else. — Kaarlo Tuomi
The above is what I disagreed with... — Brett
So you mean the entrepreneur providing a service or a utility doesn't benefit anybody?I claimed that the wealth entrepreneurs create benefits no one but themselves. — Kaarlo Tuomi
So you mean the entrepreneur providing a service or a utility doesn't benefit anybody? — ssu
Entrepreneurship consumes an incredible amount of time. Philosophy can consume a large amount of time. The two pursuits don't directly contribute to breakthroughs in the other. — Adam's Off Ox
The problem that Kaarlo Tuomi is on about, that you disagreed with, and that I’m now supporting, is that in the actual world more often than not that isn’t how and why entrepreneurship gets done. There are people with needs and people who would be able to fulfill those needs (i.e. to produce) if only they had the means (of such production, i.e. capital) to do so, which they don’t, because almost everyone is poor and struggling even to meet their own needs. Then you’ve got the tiny fraction of people who control all that capital and want to use it to extract more of it so that they can keep paying other people to satisfy their own needs without ever running out. — Pfhorrest
I was refuting. the claim was, "Entrepreneurs create wealth, they put ideas into practice, They make the world a better place for everyone." — Kaarlo Tuomi
1. I claimed that the wealth entrepreneurs create benefits no one but themselves. — Kaarlo Tuomi
wealth does not trickle down and benefit anyone other than its creator or owner — Kaarlo Tuomi
neither a service nor a utility are wealth. — Kaarlo Tuomi
But beyond keeping the business itself going, what the business does can be anything. It doesn't have to be creating new wealth, or making the world a better place. It can just be funneling wealth to its owner. — Pfhorrest
That's why you need competition and why monopolies tend to suck big time.Enabling producers to actually produce and fulfill the needs of customers is incidental: they’ll do as little of that as they can get away with, only as much as they have to in order to achieve their goal of multiplying their capital. — Pfhorrest
Seems like you are talking about franchising or simply what banking does. — ssu
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