en•tre•pre•neur (ŏnˌtrə-prə-nûrˈ, -no͝orˈ)►
n. A person who organizes, operates, and assumes the risk for a business venture.
cap•i•tal•ist (kăpˈĭ-tl-ĭst)►
n. A supporter of capitalism.
n. An investor of capital in business, especially one having a major financial interest in an important enterprise.
n. A person of great wealth.
In the definition of "capitalist", I think only the second definition is useful because it's the only one with any specificity.
Subtle, isn't it? Entrepreneurs and capitalists both assume financial risk, but it's the entrepreneur who makes a business out of what he does well. A capitalist makes a business out of what other people do well.
There's a hint of moral judgment in your exaltation of the entrepreneur over the capitalist, and I agree to some degree (who wouldn't favor doers over coupon-clippers?). But I'd rather point out the practical impacts a very profound difference in worldview makes on the world. Entrepreneurs like Steve Jobs who live and die with their creations are remembered very differently from the capitalists who buy and sell corporations. We might argue about whether what such a person did had a good or bad impact, but with capitalists all we ever seem to argue about is relative evil, like to what degree philanthropy cancels out prior greed and general sociopathy.
Flame » in reply to I think I detect the concern in your voice...
strict dictionary definitions
The whole thread (18 posts)
- If corporations are people...
