Talk of the Town: Demographic Challenges

Comment on “Demographic challenges,” (Editorial, 11/25/23) via www.inquirer.net:

How are jobs created—that seems to be the big puzzle. Well, it’s investment, investment, investment … not much of a mystery really. Problem is we can’t seem to understand what encourages investors/businessmen to invest. We always see in an investor the huge huge profits he is making and would potentially make and immediately the image of a greedy, pot-bellied businessman wallowing in riches comes to mind. We can’t seem to see that a businessman could potentially go bankrupt and lose his shirt too in one wrong turn. This kind of bias in mindset is what creates this tendency toward control-oriented and business-unfriendly policies which actually discourage and drive away investors. One thing to keep in mind, the primary motivation of an investor is profit, not some lofty, virtuous goal of creating jobs to help people find employment to pay the bills and serve food on the table; any kind of good is just incidental to that primary motive. Let’s come to terms with that first, I think.

ricelander