No Room for Entrepreneurship, the Challenges of Modern Entrepreneurship in Western Economies
A businessman knows how to take all the Ls, losses, failures, or setbacks—his own and those of his team—all without complaining. Complaining brings no rewards. However, seeing this as a pattern among valid, talented entrepreneurs deserves broader consideration. Let's be honest with an asleep society. We'll explore how economies work, the role of the government, decay of private enterprises, and its effects on society.
Understanding Western Economies
The economy works as follows in Western countries: previous generations created countries and competitive businesses ahead in the globe; therefore, our currencies have value. Current governments have reached beyond their limits; societies put too much confidence and too little accountability in these governments. Current Western governments run their excesses (deficits) by paying with their previously world-appreciated currencies (money), which lose their appreciation as governments continue their overreach. Your currency loses value, so does your quality of life. If you are not making money from business trade, you are a profiteer from your currency devaluation (e.g., have you heard about Real Estate?).
Private economies are dying; see government spending to GDP increasing its percentage. New innovative companies do not have access to the government flow of capital; processes are designed to keep the money in the loop. So today's large companies are mammoths going from side to side, never forward. Governments, worrying about statistics, have mandated them to offer low-quality jobs to keep employability higher.
The Financing Dilemma
No financing for risk-takers means no risk, no reward; society loses. Financiers have lost all connection to economies and business; they do not bet on merchants and campaigns, they only bet on secure assets—secured by law, secured to them, not to you, your house.
Resources are of utmost importance as the complexity of offerings is increasing due to a more developed market and more demanding regulation.There is no financing, so people end up pursuing very basic goals and not the long-term, disruptive goals for humanity—not the ones that significantly improve their society.
Few companies are chosen by the grace of your governments and those who work around them or for them. Are they the only ones who survive? This is not new, not history, and not geographical. Is it the West reversing to the mean?From a superior standpoint.
The key for success in clientelist-privileged-based economies: Work for your government or at a company in favour of your government.
Global Competition
We talked about the losers, but who wins? China is winning because they do what they have to do: competing with a long-term plan, competing for resources and advancements at a global level. Not being contemptuous with whatever results the neighbours have.
Societal Implications
It is easy to get on the internet and find more aware individuals openly talking about this Western decay. So if you think like that, many do. I read that people are losing faith in society and are already looking towards individual solutions, disregarding the general being.
All problems have a solution: Vote for economic liberal parties that give value and respect to your currency—paper money, a trivial construction that is only valuable to your tribe, with a value that depends only on your society's performance. Economic liberals value money, respect its power, and understand its responsibilities. They will require accountability for the government's unconscious spending and policies favoring certain sectors over the general economy.
Whatever I have written, keep going with whatever you are doing. Keep working on yourself, better yourself, and remember that the only option is always to move forward. I will keep trying because entrepreneurs at heart do not accept realities; we acknowledge them but not necessarily accept them.
Vote liberal and protect the environment!