No we shouldn't. In fact we should denormalize a lot of dysfunctional business models, the transactional, excessively financialised, dehumanised business that has become the norm. A business is group of people building things together. Its a family. Its a village. We dont want ephemeral families, we dont want ephemeral communities. What we have is not working (pun). The overall drift of the last decades has led to an…
> A business is group of people building things together. Disagree. A business is an operation meant to make money for investors. Things that call themselves businesses and don't do that over a period of X are failing, as businesses, for the duration X. A business is an organization, and organizations don't have to be businesses, even if they share some of the same attributes such as concern for expenses, desire to g…
please stop repeating Friedmannite vacuities as if they are laws of nature. What exactly is a business is defined by contractual arrangements that have nothing inevitable about them. Nothing.
Money did not exist before it was invented. Its a social construct and actually idiotically simple. "Investors" did not exist before the invention of the corporation and the countless legalities, contracts, incentives and behaviors that shape it.
A business is fundamentally a group of (non-related) people building something together (a service, a product, something desirable by others). Obviously some quid-pro-quo is required for them to be incentivized. Everything else in how the business is structured is up for grabs. The employees can be owners. The business can be non-profit. The extent of liability of members varies. The expected lifespan may be "eternal" or "ephemeral". Etc.
I think if/when we start looking at our organizational arrangements with a critical eye instead of being dazed and confused we'll enter a better period of social and economic development. The prime objective is to have as many people be as happy, as productive, as creative as possible, for the longest periods of their lives. We are very far from that.