EPISODE · Apr 11, 2022 · 50 MIN
Capitalism Plus Socialism Equals Human Enterprise (using investors monetary capital or invested "sweat capital")
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
One of my most listened podcasts was on what is capitalism and socialism proposing that they are actually married in an enterprise. The point being that monetary capital plus human capital equals free enterprise in a democracy. In my opinion you cannot have one without the other. A respondent claimed that "humans" aren't capital. So, my answer to the respondent isn't to disregard that position, but to explain the role of the human "sweat capital" element in venture capital for startups, as an entrepreneur or investor, financing a new business or refinancing a failing business. We call this a free market enterprise. In enterprise there is a popular concept of "sweat capital" , the owner or investor investing their time to supplement monetary investment capital. I started many businesses that required my ideas, risking my future with debt capital using sweat capital (human effort) to reach a breakeven point where profits carried the enterprise (small business) pursuing technology and or management software systems. Expanding on the definition of capitalism as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state, using "sweat capital" is human socialism, as well. Socialism being a political and economic theory of social organization which advocates that the means of production, distribution and exchange should be owned or regulated by the community as a whole. In America the boundaries of the business law regulates the enterprise as whole by the community (government) for the human pursuit of profit and payment of of taxes. This is the economics and politics of accountability and reporting the results of monetary capital and human capital as profits and shareholder values to support the stock and bond markets for the whole and for the individual investor, taxpayer and worker. The collective and greater good aspects are defined by the constitution, civil rights, legal precedent and court decisions on applying business and civil law. Answering this response allows my books on the Trilogy of The American Enterprise Party to solve the problem of what should Americans depend on ... using objective capitalism and subjective socialism as the foundation of American enterprise and the American Dream offering opportunities for investors of money or investors of ideas and sweat capital to start and sustain our 140,000 small businesses and 15,000 big businesses that lead the world in trade and consumption. Where has this gone wrong? We have allowed the two party political gridlocked system to define enterprise as an identity fight between the liberals and conservatives, or the left and the right, or capitalism versus communism. While losing our preeminence around the world as the Great American Enterprise as the solution to poverty, wars, genocides, holocausts and tyranny. It's not Chinese Capitalism and the China Dream, it's not Russian USSR aggression to sell it's oil, and OPEC's control of fossil fuel energy. It's not the progressive movement around the world to establish an Economic Reset pitching a Marxist Zeit Geist version of social control of property under the disguise of being social conformity to be happy. In my American Enterprise Party Trilogy, volume one is "why do it", volume two "how to do it" and volume three "who will do it" ... the answers are the same as proposed above that American Capitalism and American Socialism are already married effectively in every American business. The missing link is as Tiger Woods says "to get it you have to earn it". With a skill to bill.
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Capitalism Plus Socialism Equals Human Enterprise (using investors monetary capital or invested "sweat capital")
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