“You didn’t build that.”
“Corporations aren’t people.”
It ain’t good.
Well, big surprise, we don’t agree. We consider entrepreneurs American heroes and, as we’ve opined recently, we think many corporations brim with humanity. Business can’t operate unfettered, of course, without any form of oversight or control. But our view, essentially, is that business is a source of great good for society, with the power to create hope and opportunity like no other institution going.
Indeed, the positives so outweigh the negatives that lately we’ve been trying to identify why some people hate business so fervently. After all, the risks of this movement’s efforts to demonize business are frighteningly high.
Here’s where we’ve landed.
First, there’s clearly a group of people that disdains business because they support some or all of the fundamental leveling tenets of socialism. This ideology is too multifaceted to summarize here and is well-known in any regard, but suffice it to say that its adherents believe, as the president once put it, “You’ve got to spread the wealth around.”
Then there are people who hate business not because of ideology but because of personal experience – they’ve been wrongly fired, endured a dreadful boss, or watched a schmoozer get the promotion that, by rights, belonged to someone better. Whatever the specifics, these individuals see business as a place where good people get burned.