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Who is most important: the worker, the entrepreneur that employs the worker, or the investor that funds it all
October 17th, 2008by
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Just curious to see what people think. feel free to provide a brief explanation for your thoughts.
Is your question “who should be rewarded the most”? If so, you’re asking a basic question of economics about allocation of resources which can be answered via analysis of supply and demand for labor, for entrepeneurial talents / managerial skills, and for capital.
If you’re asking metaphysically who is most important, I would ask this: which is more important to water: the hydrogen or the oxygen?
hmm hard choice.i have to say the entrepreneur and the worker. its real simple the entrepreneur provides the worker income and the worker provides the entrepreneur the labor in order to make production in order to be successful.
All three are important! Workers do the work. The entrepreneur dreams it up. And the Investor money helps with the finance. Without one nothing would happen.
aLL – THE EMPLOYEE, THE EMPLOYER and the investor are all important. Bur most important is the consumers. He pays the value for what is produced and bought by him. For the rest their relative scarcity and efficiency detrmines their relative importance and share in the value paid by the consumer. It is the respinsibility of the entrepreneur to ensure that the consumers and the investors are satisfied first by engaging the labour and other resources at the cheapest cost available in the market.
all 3 is. one cant exist without the other. just workers and we will have communism and the economy will collaspe. all entrepreneurs then there wouldnt be people driving the company. only investors well they wouldnt have anything useful with money.
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8 Responses to Who is most important: the worker, the entrepreneur that employs the worker, or the investor that funds it all
It’s a tie!
It’s the consumer!
If it wasn’t for the worker, the whole shooting match would crumble!!
Is your question “who should be rewarded the most”? If so, you’re asking a basic question of economics about allocation of resources which can be answered via analysis of supply and demand for labor, for entrepeneurial talents / managerial skills, and for capital.
If you’re asking metaphysically who is most important, I would ask this: which is more important to water: the hydrogen or the oxygen?
hmm hard choice.i have to say the entrepreneur and the worker. its real simple the entrepreneur provides the worker income and the worker provides the entrepreneur the labor in order to make production in order to be successful.
All three are important! Workers do the work. The entrepreneur dreams it up. And the Investor money helps with the finance. Without one nothing would happen.
aLL – THE EMPLOYEE, THE EMPLOYER and the investor are all important. Bur most important is the consumers. He pays the value for what is produced and bought by him. For the rest their relative scarcity and efficiency detrmines their relative importance and share in the value paid by the consumer. It is the respinsibility of the entrepreneur to ensure that the consumers and the investors are satisfied first by engaging the labour and other resources at the cheapest cost available in the market.
all 3 is. one cant exist without the other. just workers and we will have communism and the economy will collaspe. all entrepreneurs then there wouldnt be people driving the company. only investors well they wouldnt have anything useful with money.