Constant Revolution = Capitalism

Mao believed in keeping the society in a state of “permanent revolution.” This was partially behind his destructive “cultural revolution” which led to so much purging of the intelligentsia. Consider that Capitalism keeps a society in a state of permanent “revolution” but with respect to markets. Competition is constantly causing revolutions in markets. In both types of “cultural revolution” life is not secure, and in a constant state of flux.

Probably “permanent revolution” for Mao had to do with the tendency of societies to lapse back into the exploitation of labor.

 

Getting Rich

The way things are set up in this country, going into business is definitely a way to get rich. Here’s the plan:

1) Start a business, fail. You started with zero, and end with zero.

2) Start a business, fail. Ditto.

3) Repeat six times.

4) Seventh time, you get lucky and strike it rich. Since the first six times you did not go negative, taking risks pays off. The worst that happens is you lose time, but you don’t actually go negative on a personal basis. (Yes, the banks may have lost money, and it may get harder to get that next loan).