Transcript
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This is Scott Becker with the Becker Private Equity and Becker Business Podcast. Today's discussion is capitalism and entrepreneurship are still the best systems. So, so here's the issue, and I know entrepreneurs, it's not really a system, but one of the things that keeps us a democracy, keeps us working, and keeps the American dream alive is the concept that people could still start businesses, found businesses, be independent, make a living and do well. This is sort of the quintessential American dream. As there's more and more competition from massive companies, more and more regulation, it becomes harder to pursue the American dream. Building a small business, building a mid sized business, being able to take care of yourself. And that is scary because as people get more in this belief system that they can't build a small, medium sized business, that they can't be independent, wind up with more risk that people start thinking that other systems other than capitalism are the answer. Again, capitalism's imperfect, but we do think it's the best system out there. Not perfect, but the best system out there. Now that means if you're going to embrace capitalism, you still have to be compassionate to those people that are not successful in capitalism and make sure that we're taking care of them. But it's this fine line of letting capitalism work and taking care of those less fortunate as well, with empathy and compassion. Again, this is our discussion for today. Excuse the soapbox, we're a huge fan of capitalism, but it's got to work for all of us and there's got to be ways for it to work for all of us. Thank you so much for listening to the Becker Business, the Becker Private Equity Podcast. Thank you very much for joining us.
