Achieved Quote by Noam Chomsky
“A tremendous amount of the entrepreneurial initiative, if you want to call it that, comes from the dynamic state sector on which most of the economy relies to socialize costs and risks and privatize eventual profit. And that's achieved by, if you like, advertising.”
About This Quote
Entrepreneurial drive stems from the dynamic state sector that shares costs and risks, with advertising as a catalyst.
In simple terms: State sector fuels entrepreneurship via risk sharing and advertising.
Key Takeaway
Leverage public resources wisely.
Themes
entrepreneurship
state sector
advertising
Mood
analytical
critical
Type
economic
philosophical
When to use this quote
- business startups
- policy making
- marketing strategies
Key Concepts
economic incentives
public-private partnership
Questions to Reflect On
- How can entrepreneurs balance public and private resources?
- What role does advertising truly play?
A Different Perspective
Reliance on state may limit true innovation.
![“I wrote an article about the marine landing [in Haiti] right away, but barely mentioned the oil, because my article would come out two months later and I assumed by then, "of course, everybody knows." Nobody knew. There was a news report in the Wall Street Journal, in the petroleum journals, and…” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/dc5/noam-chomsky-42_articles_i-wrote-an-article-about-the-marine-land_13341.jpg)
