If you have a product and nobody buys it, you have a dud and you failed. Either redesign your dud or go out of business. Nowhere is it written that you have a god given right to succeed. You succeed by producing something someone wants to buy. Otherwise, your enterprise dies. It is pretty clear that you are depending on someone else to bail you out if you fail. And failure is part of your past, no? You are too defensive otherwise. One sinks or one swims. Our welfare state has created too many hangers-on who think society owes them simply by existing. i repeat: grow up. sd
Failures are part of most any entrepreneur's past. As a product R&D project manager, from concept to production, I was wildly successful. In seven years I created and implemented two new products and transferred them to large scale multinational production. Then I quit, because I had watched regulation kill entire industries all around me for the fun and profit of the wealthy Marxist brats of great entrepreneurs. I researched for four years as to why and wrote a book on it. That book was well received, although its proposed free-market solutions may take fifty years to develop.
So, not only are you wrong, you're writing from a simplistic dream world. Grow up. CO
In a truly free market system, it is sink or swim. If you have a good product (the proverbial "better mousetrap") then you will do well. If you insist on making buggywhips next door to Henry Ford's shiny new factory, things will not go well with you. People need to adapt and word hard, and they need to take responsibility for their own success or failure. Certain aspects of the free market system can be harsh, but that's life.
On the other hand: we don't have a truly free market system in this country.
When the government uses taxes as a weapon to spur social engineering, when the government regulates the "bad industries", when taxpayer funds subsidize the "good industries" -- then you have an economic system which is highly politicized. One can call it socialism, but I'd say what we have in the US today is much closer to classic fascism. In a highly politicized economic system, "who you know" can be far more important than "what you sell". It becomes about "pull", not "product".
Look at solar power, wind power, electric cars, coal power, nuclear power, etc. Some of these industries are just failures -- yet the money flows to them. Some of those industries work quite well -- yet they are being shut down. The politics is a key component here -- winners and losers are handpicked by the government today, and success in the market is not the be-all and end-all that it once was.