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>People will say capital Because the answer is capital.
by ABCLAW 4y ago
>People will say capital
Because the answer is capital.
- hcurtiss 4y agoThere are many, many examples proving that's wrong.
- ABCLAW 4y agoBoth neoliberal and classical definitions of capital make it nearly tautologically required as an input for production. 'Wealth' and 'Capital' aren't the same thing.
- andsoitis 4y agoCapital isn’t the only thing that prevents workers from starting companies. Vision, good ideas, the ability to inspire, bringing people together, luck, etc. all factor in. To single out capital is to say if anyone has money they will be able to start a successful business.
- hcurtiss 4y agoYes, but the assertion is that so much capital is required that it's a barrier to starting a business. And that's just not true. It is definitely possible to bootstrap a small business, and there are many government programs available to help. The bigger barrier, in my opinion, is an appetite for risk. In that capacity, America is definitely following in Europe's footsteps.
- dantheman 4y agoThe answer is that it's hard and people want to be rewarded for the hard work at the market rate.