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What are the best ways to enable grassroots stimulus, esp. with entrepreneurship?

Topics: 22   Posts: 6

The ideal stimulus is one that helps in the creation of for-profit businesses whose off-puts include social good and an increased field of employment. That means that businesses not only have to be scaleable, they have to create new jobs internally and externally whose efforts go to improving global society. I believe that this "New Capitalism" has the potential to change the way in which business is conducted...and some of us are already working towards that end.
The big question: is the Funding world prepared to back socially progressive, profitable, businesses?


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Topics: 0   Posts: 3

There's no such thing as "new capitalism." but there is a new paradigm between business and government now that Obama and Congress have decided to substitute their political judgement for the rational equilibrium that a free market uses to pick winners and losers in the economy.

 

The only "stimulus" that Washington is doing is (1) accelerating projects that may be prioritized for completion anyway at a time when state and local governemnts can afford them (impact on employment = temporary acceleration), (2) creating a lot of government jobs to administer stimulus spending (impact on employment = more strain on future government budgets since the Feds never have a lay off), and (3) sucking capital out of the private financial market to invest in "rescuing" companies and industries that Congress chooses (effect on employment = preserves inefficiently run companies, retards the market from investing in small businesses and companies that want to expand).  Net effect = government does not create jobs.

 

 




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