This piece is a clarification. A reader noted that I should never confuse entrepreneur and the shopkeepers. (refer to my last piece Shopkeepers of the World Unite- http://blogcritics.org/archives/2005/03/03/224606.php) My point was and is very simple. Throughout history and even today, there is a battle between the productive members of society who create the wealth and those who merely live off the wealth created.
In the United States, the battle over social security reform is one prime example. There is one thing that no one can debate- Social Security will eventually implode. It has to implode, for all Ponzi Schemes eventually do. The question that remains, will we allow Americans be responsible for their own savings and allow them to profit from their invesments and decisions or should Americans be ever more dependent upon the government for their paltry retirement? The battle over tax reduction always is engaged over class warfare, that somehow the rich getting a tax cuts is evil even though the rich pay most of the taxes anyway.
Throughout the world, this battle goes on. In Europe, the biggest battle is between the entrepreneurs and the European bureaucracy. For the European elites, the perfect society is high taxes and high welfare payment followed by a regulated state. For many of those in Eastern Europe, who had just broke off the shackle of Marx, are not ready to replace it with a bureaucracy dominated by Brussels, Paris and Berlin. In countries like India, a new generation of entrepreneurs is developing a commercial class that is ready to challenge the world but first they must defeat the bureaucratic elite at home.
The reality is that today progressives are those entrepreneurs who fund the shopkeepers and businesses that create jobs and opportunities. There is only one progressive economic system that is compatible with political freedom and economic freedom- capitalism or free market economics. All other theories practiced are merely reactionary attempts to keep the shopkeepers and their entrepreneur allies downtrodden.
What progress that the world have seen can be traced to those individuals who bucked conventional wisdom whether it was in business or art. Only in a free market society can the conventional wisdom be challenged over and over and over again.
Shopkeepers and Entrepreneurs of the world unite!!Powered by Sidelines