Some of it, I just tire of repeating myself. But this is what I've been saying all along! Idle company owners provide a vital part of business. Yes! They just don't affect its productivity. Owners also own many failed and unproductive businesses. Smart owners try to choose productive companies, because they really can have no impact on productivity. This is not to say that they are unimportant, you and Dude are assuming value judgements that I have not suggested.
Apparently just as easy as claiming you are right, which you never stop doing. You are beginning to sound like Charlie Brown's teacher. ..
Owners are vital to businesses. Businesses add to productivity. Without owners, there can be no businesses and that affects productivity.
I disagree. Even in failing, productivity is accomplished in virtually all instances. That is, if my business goes bankrupt, I have still put people to work, bought inventory of some sort and paid at least some bills. I as an owner have lost money but others have made money off of what I've done adding to productivity. Sure some people get stiffed with unpaid invoices but there is net productivity or I wouldn't have lost any money.
But you are an owner/operator. By running the business, you are adding to it's productivity by doing real work, as you have mentioned. The idle rich I mention are stockholders, and I am one, too. I own pieces of a dozen companies but I do no work for them and do not affect their productivity. Of course, I also do productive work for my prinmary employer. But I must also disagee. A failing business is not productive if it's product level is low compared to its level of effort. Keeping employees working, maintaining inventory, and paying off bills certainly helps the economy, but it hurts your productivity if there is high effort for low production.
You can take the wounded deer stance if you like Red. Shall I go back and list the exact posts and quotes of yours that destroy your own argument...again? Just so you can ignore them and parrot the same things that everyone here seems to already acknowledge is wrong? Getting all that support there buddy? Outlining your fallacious statements yet again, will serve no purpose. You will just ignore them, and make me the focus, instead of your losing argument. Take it personally if you like. When you start running a business, come talk to me. I live in the real world.
you are a stockholder and are taking ownership in the company and the risk that goes along with that. It has nothing to do with being an owner/operator. Someone has to be there to own the stock and take the risk. That is the point. You just proved my point. It may be inefficient but it is productivity. I never said it was efficient but it does add to GDP and national productivity.
I run a consulting business, a timber business, and a rental property business, hoss, in addition to a full-time job. Your imagination runs as wild as your emotions. You don't know me or the world I live in at all.