We need to change the banking practice to promote the entrepreneurial spirit

When a company goes wrong, employees enjoy all the guarantees and coverage. The intransigent unions support, protective laws, institutions that take care of their wages and unemployment insurance. In the background will always remain a paternalistic government.

Spain, the present economic crisis has devastated our national entrepreneurial force. It is not because the businesses were wrong. This is because our punishment system completely closed any possibility of “starting over” every developer failed. This despite the experience is a plus, and self-criticism is the best tool for improvement.

The entrepreneur with no financial resources at this point, is beset by debts which are derived individually. Threatened with losing his little personal assets (primarily property that is the family home), and anxious because once stopped the business is unable to meet the basic needs of their loved ones. With these conditions, the last concern will be to analyze what went wrong and how the tragedy could have been avoided.

We want to change the economic model, but first must change our beliefs.

When the company goes wrong, employees enjoy all the guarantees and coverage. The intransigent unions support, protective laws, institutions that take care of their wages and unemployment insurance. In the background will always remain a paternalistic government.

Unlike the case of small entrepreneurs, who hardly have for the subsistence of the family. He will lose everything. Neither society indirectly receive the benefits of their initiative.

At this stage nobody has an incentive to start a business. Whoever does is a real hero.

There was no evidence any sign of change in Spanish government policy. No evidence of promotion of entrepreneurship, forcing banks to differentiate between entrepreneurs and capitalists as a first step.