Cash Is the Seed Corn of Capitalism, Giving It Away Will Reduce Future Growth

Guy Thanosipriano contacted me after reading one of my articles because he thought that as an entrepreneurial capitalist, he could offer a helpful perspective. He owns and runs E.I. Associates, an engineering and construction firm based in Cedar Knowles, New Jersey with assets around $80 million. While he does give to charity, he does it at a level which is prudent and balanced with sustainable growth. If he were to give much more money away, it would have to come out of sums that he now reinvests in his business. But to know if it really is better will require additional long-term studies.