I believe that the truly just society – and the one that serves all its members best – is the one that encourages and supports the creativity, imagination, and freedom of its entrepreneurs. You’ll find some important support for this thinking in topics I’ve been writing about lately.

Complex Adaptive Systems: The Daoism Of Western Science.

The new science of complex adaptive systems moves us away from traditional reductionist and analytical Western thought and more towards the Daoism of Eastern thought

Business Is Not A Set Of Practices Or Strategic Methods Or Planning Techniques. It’s A Mindset

In the current business era, there’s a lot that seems mandatory: using quantitative methods of strategy and planning, following documented IT-enabled processes, organizing fixed structures that can be captured in org charts, and complying with government-mandated rules and regulations.

Raushan Gross: Socialism Cannot Work, Not Even in an AI-Driven Economy

Even A.I. will be unable to conduct the vast amount of complex economic calculation that results in the emergence of prices.

In Business, Aim At Benefits Not Goals.

Economics lost its understanding of real life and real people when it became mathematicized. Businesses risk the same fate when they focus on numerical goals rather than customers' feelings.

The Financialization Of The Economy Distorts Our Understanding Of The Entrepreneurial Ethic.

True entrepreneurship seeks the market's reward for serving customers well. Financialization seeks the insider trading rward of stock price manipulation.

Socialism favors big business; capitalism is entrepreneurial.

Socialist economies have historically favored big business and kept them heavily subsidized to keep them close to the central plan.