What is an
entrepreneur? Well, in the United States of America there are two types of very
successful entrepreneurs. There is the market entrepreneur and there is the
political entrepreneur. The market entrepreneur makes money in the free market
by delivering the lowest prices and the best quality and service to its
customers and the consumer. The market entrepreneur wins markets and beats out
the competition because they are better and more efficient.
The
political entrepreneur uses the influence with government through various
methods such as lobbying, political campaign contributions and networking with
government bureaucrats to either win government contracts and make money or use
this influence to get the government to make new rules and regulations and he
is industry.
The
political entrepreneur will also use his influence to get government bureaucratic
regulatory bodies at all levels of government to attack his competition. There
is a big difference in market entrepreneurs and political entrepreneurs.
Unfortunately, genuine Capitalism getting clobbered by political entrepreneurs
coaxing government agencies to constantly attack market entrepreneurs.
The economy
and the free market and capitalism for that matter works better with the most
efficient companies compete on a level playing field where the consumer and the
buyer votes with their dollar for the best products and services at the best
possible prices. There is nothing wrong with capitalism there is only something
wrong with the way it is applied in United States of America. It could be done
a lot better.
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