I am not an economist and certainly not a philosopher. I am an entrepreneur. Since 1981 I have founded or co-founded several companies in the computer industry. Between startups I have brought foreign companies to the US or American companies to foreign markets. I am currently involved in several startups hoping to get one funded.
One thing that all my activities had and have in common is that my primary motivation has been to bring to the market a product or service that benefits the customers or solves a problem. Certainly I always expect to be able to make a living, but getting rich has never been my main motivation.
Everything I have done has been possible within a capitalistic system. I would have not been able to accomplish anything within a system that did not reward innovation and risk taking.
On the other hand, however much I support the idea of entrepreneurship within capitalism, I have come to believe that the dominant capitalism system we now live within is not the capitalist system that we need. The current system seems nefarious. Greedy and sociopathic Wall Street capitalism will destroy America and the world if it continues to gain power. Occupy Wall Street got me thinking and I thank the movement for that.
So what alternatives do we have?
I propose that we need to reform our capitalistic system towards something that can be called; "Progressive Capitalism".
More below the orange croissant.
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