The Morality of Entrepreneurship
Throughout centuries, entrepreneurs have created products and services that enrich our lives. Their main driver is their own self-interest and the prospect of making a profit, that enables them to not only sustain themselves, but to grow their businesses.
Yet society tells entrepreneurs to sacrifice, to serve others, to “give back” — counting on their acceptance of self-interest as a moral crime, with chronic guilt its penance. Is it any wonder that entrepreneurial giants from John D. Rockefeller to Bill Gates have behaved as if profit-making leaves a moral stain that only tireless philanthropy can launder but never fully remove?
It is time for the world to pay tribute to the entrepreneurs who have created the foundation of our most flourishing societies.
Yaron Brook is the host of the Yaron Brook Show, renowned best-selling author and world class speaker. Brook’s podcast can be heard on the Yaron Brook Show at BlogTalk Radio, Spreaker and YouTube.
Brook was the Executive Director of The Ayn Rand Institute (ARI) for 17 years (2000-2017). He remains Chairman of the Board of ARI and its primary spokesperson.
Brook, an internationally sought speaker, travels extensively promoting Ayn Rand and her philosophy-Objectivism, Capitalism, Political & Economic Freedom.
Brook also pens works that make one think. His most recent book, co-authored with Don Watkins is In Pursuit of Wealth: The Moral Case for Finance. The book makes the case that few industries are more vital to our prosperity–and more maligned–than the financial industry. It explains why finance has faced so much criticism, and why, despite the conventional image of financiers as “greedy” and reckless, finance is a moral industry.
Brook serves on the boards of the Ayn Rand Institute and the Clemson Institute for the Study of Capitalism. He is a member of the Association of Private Enterprise Education and the Mont Pelerin Society.