"How valid, then, is the progressive critique that "you didn't build that"? The pitch itself has two parts. The first is that society did it, not business; the second is that workers did most of it, not CEOs and entrepreneurs. Both these arrows strike at the same target: entrepreneurs. Consequently an expose of the progressive pitch requires a refutation of this dual attack and also a defense of the entrepreneur, an explanation of what it is that entrepreneurs actually do. This explanation is, oddly enough, lacking. Adam Smith didn't provide it in his Wealth of Nations, and most entrepreneurs, for reasons we will explore, don't provide it today. One of the few writers to celebrate entrepreneurs was Ayn Rand; she unapologetically defends capitalism, the system, and also capitalists, the people! In my view, the most insightful defender of entrepreneurs was the economist Joseph Schumpeter, and we will be learning a lot from him in this chapter. Ultimately, we will see the progressive pitch for what it is, an ingenious scam aimed at depriving wealth creators of the wealth they have created. Rand calls them the "looters," and this is basically a clinically accurate term for a group that is very much with us today."