How else is wealth created besides labors?

A boy confronts a wealthy businessman and asks him how he is able to make money without being a wage laborer like most other grownups. The businessman is amused and decides entertain the boy’s question. –

An original answer posted in November 3, 2017 on Quora by John Soroushian, who worked at Brookings, the Fed, and Treasury about wealth creation was a simple yet profound lesson on how entrepreneur can generate values with regard of principles and work ethics.

Conscious capitalism might be a buzzword now, but soon we would have to think of that as an important aspect of economic development. Capitalism are well criticized due to the exploitative nature in the past, and more and more it seems to fail the needs of many stakeholders at the time being. So much to talk about and discuss about this topics.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.