a person's ability to live a good life
depends upon
his or her ability to spend money
which in-turn depends on
his or her ability to earn money
which further depends on
his or her ability to sell something (product or service)
which depends on
his or her entrepreneurial abilities.
--
everyone doesn't have those.
majority want
a plain good job.
--
allow one entrepreneur to be a billionaire
10 millionaires will be born
supported by
100 high networth individuals
supported by
1000 middle income individuals
serviced by
10000 salaried group
besides indirectly
giving passing opportunities
to 100000!
--
without entrepreneurs economies collapse!
and for entrepreneurship to be lucrative
we need entrepreneur-friendly business environment.
--
but one thing is clear
today's economies are fundamentally
pyramid shaped!
divided, inevitably, into vertical classes.
pyramid economies
result into
pyramid social set-ups!
--
also,
those not trained or able
to add any significant value to this pyramid
are likely to be left out
especially in the absence of a social security network!
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