/lit/ - Literature

Excerpts that flesh out the idea from 'Can Capitalism Survive?' Chapter 12; 'The Obsolescence of the Entrepreneurial Function':

The perfectly bureaucratised giant industrial unit not only ousts the small or medium-sized firm and "expropriates" its owners, but in the end it also ousts the entrepreneur and expropriates the bourgeoisie as a class which in the process stands to lose not only its income but also what is indefinitely more important, it's function.

The function of entrepreneurs is to reform or revolutionise the pattern of production. To act with confidence beyond the range of familiar beacons and to overcome that resistance requires aptitudes that are present in only a small fraction of the population and that define the entrepreneurial type as well as the entraprenual function. This function does not essentially consist in either inventing anything or otherwise creating the conditions which the enterprise exploits. It consists in getting things done.

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