And you have a contract or handshake that you have looked at ahead of time and that guarantees you a profit at the end of the job. That’s called ‘self interest’.
America has the kind of “free trade” that has us hundreds of billions in the RED each year. That’s called ignorance.
If you used that kind of “free trade” you’d be living on food stamps and Obama phones.
People can and do fail at business, It's called creative destruction. It's what makes our system great. Did you know that small construction businesses fail at a clip of almost 90%? Likewise in other sectors.
I remember when the Japanese were killing us with their crony capitalism in the auto industry back in the eighties. Reagan said we would win in the end, because our freedom was a better system.
I remember the argument. Well, Reagan was right. Our system won. Ford and the others forged a dramatic comeback and did well until they put themselves on the government dole.
This is a very complex issue, but genuine freedom is not the problem. What I call free enterprise is not BS.