Why Socialism Fails EVERYTIME!
Why Socialism Fails Everytime - Entrepreneurship isn't Rewarded by Orrin Woodward on Tue 24 Feb 2009 12:00 AM EST | Permanent Link | Cosmos Someone took the time to write a short story of what happens to the entrepreneur when bureaucrats get involved. When you destroy the gain for the entrepreneur to take risk, by definition: the entrepreneur will not take risk. If the entrepreneur doesn't take risk, by definition: the economy stagnates. If the economy stagnates, by definition: jobs are lost. If jobs are lost, by definition: our countries ability to compete in a global market is hampered. You cannot help the back of the train by stopping the leaders at the front of the train. All business, throughout history, has been accomplished through the leadership, business acumen, and risk calculations of the entrepreneur. When you make the risk greater than the rewards, you have effectively stopped the train which hurts all the passengers on board. In my opinion, only bureacrats in Washington, able bodied welfare recipients, or sluggards (Sorry for repeating myself) could think otherwise. Enjoy the article and pass it on. Please share examples from your own life where government intervention hindered a business from performing to its capacity. God Bless, Orrin Woodward "The more people who own little businesses of their own, the safer our country will be, and the better off its cities and towns; for the people who have a stake in their country and their community are its best citizens" - John Hancock, American Founding Father
