Re: Re: Re: Re: M-C-M' and surplus value under capitalism and socialism (answers and questions)

[Michael Perelman]

Justin, an entrepreneur -- as the term is used generally -- does imply a
profit motive.  The entrepreneur accepts risk and in return earns the
residual, which is profit.

To expand the definition, you could also call an athlete that improvises
on the field, an entrepreneur.
 -- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]