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Jay's Tuesday Free Enterprise Quote - 17 June 2014

By
Home Inspector with Jay Markanich Real Estate Inspections, LLC 3380-000723

Free Enterprise Suggests The Pursuit Of Happiness

 

“Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, will invite you, to add something to the pleasure of others, or to diminish something of their pains.” 

                                    Jeremy Bentham (1748 - 1832)

This is a person of optimism!

This is the optimism that comes with free enterprise!

In a free enterprise setting one is pursuing what one does best, what one wants to do, what makes one happiest.

Yes, there is risk involved. 
Yes, there is hard work involved.
Yes, there is the up and down of the business cycle.

But one is working for, wait for it - oneself!

One is working out of self interest!  

And as such, one is working for the benefit of others.  The free enterprise entrepreneur is trying to satisfy demand and need.  The free enterprise entrepreneur is trying to find a niche to fill, just the right niche, and fill it in a way it has previously not been.  Or with products that are newer or better.  

Whatever the demand is and whatever the niche is, free enterprise entrepreneurs create happiness for themselves and others, and remove misery from themselves and others, all while adding to the pleasure of others and diminishing something of their pains!

How do you feel when you purchase your first of a hot new product?  For instance, have your traded your "old phone" for a "smart phone?"  How did it make you feel to own and become a part of a new trend?

How do you feel when you do something for the first time?  Have you Skyped (see how that new noun is also used as a verb?) and if so, what did your first feel like?

And notice, the new things, the trendy things, the niche things that have filled a demand for you have contributed to your happiness and pleasure?  An entrepreneur somewhere, actually many, many of them, had innovative ideas that they put into practice and created that for you.  And since they have improved and improved it!

Their creation happened out of self interest (they want to improve their lives too) and you have participated in their ideas out of self interest (you ant to improve your life too).

And all of this happens outside the purview of gubment demand, gubment laws, gubment regulation and gubment windfall profit.  The gubment gets involved later.  The demands, and laws, and regulation and taxes happen AFTER THE FREE-MARKET CREATION.  Gubment sees the trend and sticks its nose into the tent first, following that nose with more and more of its body to the point that the free enterprise entrepreneur has to go about finding ways around the demands, the laws, the regulations and the taxes to keep from getting forced out of his own tent.

The gubment intervention works to stifle.  The gubment intervention makes the market less free.

Happiness is stultified, misery is imposed, pleasure is decreased and pain is not diminished.  Everyone has to work harder.  Surely this is opposite the principles suggested by Bentham.

And so, as we pursue free enterprise and our self interests, we do so for our benefit and the benefit of others.  

 
Free enterprise suggests the pursuit of happiness.  
We Americans feel that is an endowed and protected guarantee.
 
 
Posted by

Jay Markanich Real Estate Inspections, LLC  

Based in Bristow, serving all of Northern Virginia.

Office (703) 330-6388   Cell (703) 585-7560

www.jaymarinspect.com


Comments (5)

Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

Whenever the government gets involved inefficiency increases and advancements stop. Why do R&D if the feds set the price and control how much and to who you sell? The reward does not cover the risk.

He sounds like he was a very optimistic and positive person.

Jun 17, 2014 01:03 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Jay. Sure, all of us that are self employed have self interest and rightfully so. We always need to look out at our self interest as it is survival. Great post!

Thank you for commenting on my post.

 

Jun 17, 2014 02:16 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Jay- Bentham may have been an optimist or perhaps he had not run into our gubment. 

Jun 17, 2014 02:19 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Government trying to help us has caused more misery than any large business.  When you seek to help others and provide quality goods and services you cannot fail, unless the government is there to help.

Jun 17, 2014 03:20 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I remember reading about Bentham's "utilitarianism" in college econ, Than.

We are number one Joe.  That's too "individual" for the socialists in gubment.

He would run from it Kathy.

The gubment thinks one size fits all Gene.  It doesn't.  Wait til you see how individually-oriented the one-size-fits-all "health" care plan is.  Nobody will get what they pay for - those who aren't paying will get what others pay for.

Jun 17, 2014 05:29 AM