John Bourscheid: I really don’t understand true greed.

I think we can safely add envy and business to the list of things that Bourscheid does not understand! I am sure many believe that someone worth a lot of money has it all in a box under the bed.

In reality, that money will be mainly tied up in business and those businesses will be providing jobs for thousands and will already be improving their lives as a result.

In a way, I do sympathise with Karl Marx when he says the workers should own the means of production. Where we differ is that he seemed to think that meant that the business owners should just give it away or have it confiscated. My preferred approach would be to have anyone who wanted a share to either purchase it from the owner or create their own business.

This IPO gave workers the opportunity to do just that.