As a very young man, I was fortunate enough to start my own company out of my apartment using a small amount of investment capital from friends and family. Over time, that business grew to have over 6,000 employees and revenues in excess of $2 billion. Over nearly a 40-year span, my team and I built what some would consider a remarkable track record, as measured by both sales and profits.
Because of my experience growing that business, I feel a special kinship with small, privately owned businesses and their owners. I also come from a middle-class background, one that shaped me into the person I am today. It is through both the lens of entrepreneur and member of the middle-class that I look through when reflecting upon this Independence Day.
In Scotland, the gravesite and memorial of Adam Smith, the Enlightenment philosopher who is widely considered the father of modern capitalism, is now being targeted by local officials’ in an investigation over possible ties to “slavery and colonialism,” as reported by Breitbart.
The Edinburgh City Council launched a formal review of various statues, memorials, monuments, and other historical locations throughout the city in the aftermath of the far-left race riots last summer. The investigation is seeking any potential candidates for “removal or re-interpretation” if any of them are found to allegedly have ties to “racism and oppression.” The council consists almost entirely of members of left-wing parties, including the Labour Party and the Scottish National Party.