What If We Got Rid Of All Entrepreneurs?
Many successful entrepreneurs of the moment inspire fear and anger. The litany of their sins is long: They sell our personal information to people who use it to manipulate us. They create dangerous products, like e-cigarettes, and market them to minors. They devastate worthy industries, such as the newspaper business and independent book selling, and invent repugnant industries, such as internet porn. And as ten thousand years of entrepreneurial history shows, they are incapable of regulating themselves. But try this thought experiment: what would the world be like if entrepreneurs had never existed?