Entrepreneurship and Capitalist Culture – Myths and Truths – Part 2

In this second part of the essay Entrepreneurship and Capitalist Culture – Myths and Truths, the relationship between personal gain and social responsibility in the free market is explored in greater depth. Common criticisms of capitalism are addressed, such as the alleged lack of ethical regulation in the pursuit of profit, the effectiveness of the free market in optimizing well-being, and the debate over the “right to work.” It is argued that competition fosters efficiency, innovation, and social progress without the need for coercion. Likewise, the idea that well-being can be guaranteed through regulation is questioned, emphasizing that freedom of production and exchange is key to prosperity. Continue reading Entrepreneurship and Capitalist Culture – Myths and Truths – Part 2

Filosofía/Philosophy

Entrepreneurship and Capitalist Culture – Myths and Truths – Part 1

Entrepreneurship and capitalism often spark intense debates. While some see entrepreneurship as a path to personal and social development, others criticize it as a form of modern enslavement. This essay explores the role of the free market as a mechanism for wealth creation and well-being, debunking common misconceptions about capitalism. Using the concept of “high reward states,” it argues that economic freedom is essential for individual and collective prosperity, challenging criticisms of capitalism and excessive market regulation. Continue reading Entrepreneurship and Capitalist Culture – Myths and Truths – Part 1

Filosofía/Philosophy

The fallacy of poverty and the utilitarian justification of freedom

The essay explores the justification of political-socioeconomic systems from individualist and collectivist perspectives. It examines the dilemma of wealth distribution and how different philosophies, such as capitalism and socialism, address poverty and general well-being. The argument is made that individual freedom, along with the ability to achieve high states of reward, is key to prosperity and poverty eradication. Limiting freedom to combat poverty is seen as a mistake that has historically led to adverse outcomes. Ultimately, the essay emphasizes that the true solution to poverty lies in a system that enables individuals to develop their capacities and generate wealth without coercion. Continue reading The fallacy of poverty and the utilitarian justification of freedom