3 ms·
> What they don't realize is the good times happened due to geopolitical good fortune and having a ton of natural resources. But eventually the time comes when
by Scoundreller 3y ago
> What they don't realize is the good times happened due to geopolitical good fortune and having a ton of natural resources. But eventually the time comes when you would have to make sure that entrepreneurship is respected and encouraged and is the main way of creating societal wealth.
Have the natural resources run out or something? I mean, I get that some will eventually, but Canada's pumping and digging more out of the ground than ever.
Crude production has doubled in 20 years: https://www.statista.com/statistics/265182/oil-production-in-canada-in-barrels-per-day/ https://www.statista.com/statistics/265182/oil-production-in...
A lot of the "entrepreneurs" are mostly solo professionals/trades rather than tech startups. Increasingly, more now go into a firm environment instead. The firm might create more societal wealth than entrepreneurs for professionals/trades.
A plumber joining a firm should get more plumbing done when appointments, invoicing, marketing, etc. are handled by specialists. And if 20 plumbers co-owner-operate the firm, are they all entrepreneurs or private sector employees?