Yaron Brook - Why There is no Production Without the Capitalists

Yaron Brook explains why there is no production without the capitalists.

The entire presentation available at the source: Adam Smith YouTube channel.

Transcript:

… what actually happens if somebody has an idea. And in order to deploy that idea, to make the idea reality they have to go to financeers and raise some capital and then that capital is used to pay employee salaries, because I don't know very many employees were willing to work for years and years and years until the company has a profit for nothing they want to be paid, whether the company is profitable or not. Who's taking who's paying them who's paying them while the company is not making any money?

How long does it take a biotech company to become profitable? 20 years maybe, 10 years, 15 years. Those scientists, put a site physical labor, those scientists are working for free during that period, and just waiting for the company to become profitable and then they'll just take a percentage of the profits, right? No, they want their salaries. So who's paying those salaries? Finance guys, the capitalists. They're paying the salaries, they're paying the equipment, they're paying the rent, they're paying it all. And if you're in biotech, half the time or maybe 80% of the time you never achieve profitability, and you'll never get your money back. You're counting on that one where you do, and you make a lot of money on it. To compensate for all the ones we didn't get any. There is no production without the capitalists. There is no production without the financier. There are no jobs in an economy without finance. There are no jobs without the Rothschilds and all the banks that surround us. The banks create the jobs. They need somebody who has an idea, they need an entrepreneur, but the entrepreneur by himself cannot create the jobs. The jobs are created with a combination of an idea and money, an idea and finance.

Video: 

Komentari

Objavi novi komentar

Sadržaj ovog polja je privatan i neće biti javno prikazan.
To prevent automated spam submissions leave this field empty.
CAPTCHA
Ovo pitanje je za potvrdu da ste vi validan korisnik i da onemogucimo automatizirane spam poruke.