mike777, on 2013-June-21, 00:51, said:
In this and many other posts I have made an argument to give glory/praise for risk taking entrepreneurship but many think this is close to evil.
Mike, you would get farther with this, at least with me, if you refined it a bit. Like many or most males, I did a fair amount of (mostly physical) risk taking while I was young. Physical or financial, it can be pretty stupid. Not evil, not evil at all, just stupid. And some of it can be evil. Selling heroin, for example. Long run probably it is also stupid, but evil from the get-go. There are many things of lessor evil, perhaps, but still; not what I would call praiseworthy either.. As I understand it there is quite a business in buying up patents and suing people. The buyer of the patent does not at all intend to produce anything, he just hopes that the patent office has carelessly granted a poorly phrased application and that this can be used to hassle an honest innovator. I gather this practice is successful enough to cause concern. If we could make the practice less lucrative, I think that would be good.
I value the freedom to choose my own path in life. As I tell it, with little or no exaggeration, I came home from high school one day and announced I had decided to go to college. My mother had seen it coming, my father could not imagine why I would want to do such a thing. But here is the kicker. I got a scholarship. It helped. It helped a lot. Freedom is great, but people can also, at times, use a helping hand.
I have no desire at all for stopping a guy from starting a start-up. Go for it. But I think even Darwin advocated going easy on Darwinianism.
Liberals as more risk-averse than conservatives does not jibe with my experience.