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Philosophy and ideology

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Much of what is written about capital and the ownership of enterprise, as well as related subjects like governance and control, or risk and reward, covers issues like public versus private ownership, mutual versus investor ownership, and profit-driven versus non-profit enterprise. In addressing such issues, it may reflect a particular philosophy or even ideology.

This book is not driven by any such philosophy or ideology. It takes a pluralist view and recognises, pragmatically, that different ownership structures might suit particular enterprises better than others, and that there is much virtue in diversity of ownership form as well as of enterprise itself. A sound, well-managed enterprise should, regardless of its ownership, be able to raise and reward capital.

Creating Risk Capital

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