Entrepreneurship and Capitalist Culture – Myths and Truths – Part 1

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

The fallacy of poverty and the utilitarian justification of freedom

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