Cool. Know your place, leave enterpreneurship to blue bloods - that's the conclusion?
Cool. Know your place, leave enterpreneurship to blue bloods - that's the conclusion?
> Cool. Know your place, leave enterpreneurship to blue bloods - that's the conclusion?
No.
"When basic needs are met, it’s easier to be creative; when you know you have a safety net, you are more willing to take risks. “
The solution is providing a social safety net that enables that bulk of the population to pursue their dream.
In other words - "to each according to his needs"?
Cause it's either evil monolithic collectivism or saintly and righteous fantasy individualistic libertarianism, those are the two options.
It's not like we can't recognize that most individual success is predicated on a healthy and functional society, one that is inclusive and takes care of its members, rather than one that caters solely to individuals fortunate enough to be born into families that have existing wealth.
> The solution is providing a social safety net that enables that bulk of the population to pursue their dream.
I don't think that will make most people into successful businesspeople (let alone "entrepreneurs" in any non-facile sense of the word), and I don't think that was entirely the point the article was trying to make.
Even with basic needs supported, you still need capital to get a business off the ground "correctly". Unfortunately, in a basic income environment, I bet the people taking full advantage of it still wouldn't have access to that kind of capital.
I've had my own small business for several years now, but I'm looking for work again. The business has several promising irons in the fire, but I lack either the skill or resources to make any of them take off. Having access to basic income wouldn't substantially change my predicament; having access to good credit, capital, or talent would.
1. Contrary to justice or a sense of fairness 2. Contrary to laws or conventions, especially in commerce; unethical: unfair dealing and 3. Not kind or considerate.
Which one do you mean?
> I don't think that will make most people into successful businesspeople (let alone "entrepreneurs" in any non-facile sense of the word), and I don't think that was entirely the point the article was trying to make.
I fully agree! While financial safety is by no means sufficient as a base for successfully starting a business, I do think the article makes a good point of it being necessary, though.
(And I think its important to emphasize that most businesses are not of the venture-backed startup type mostly discussed on this site.)
We have a huge "social safety net" here in France and yet we are way less entrepreneurial than in the US. I moved to Peru for 4 years to save some money and then came back to start a business, the entrepreneurial spirit was way strong stronger there even though the social safety net is inexistent.
Fact is, having a social safety net makes people comfortable in their poor economic situation and does not require them to take risks. Even in the US, the number of new companies created each year has decreased as the welfare state has grown.
I moved to Peru for 4 years to save some money and then came back to start a business, the entrepreneurial spirit was way strong stronger there even though the social safety net is inexistent.
Even trying to register a company is a right pain.
Just as lack of a safety net biases towards action and self reliance, it also skews the risk/reward ratio of those actions firmly towards those most likely to keep the roof over ones head.
Obviously there are plenty of other social and economic differences between Peru and France, but the fact that even Peru's relatively small number of highly-educated people is still highly likely to be underemployed doesn't exactly speak wonders for the potential of all these entrepreneurially-minded Peruvians to actually create jobs.
It's basically giving people complexes. And it might be further exacerbated by the need we all have to ascribe our success exclusively to our own work, never to any external factors (luck, rich parents).