There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you're doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I'm not so careful about the content of the present, but I'm very careful about the cost. Then, I can spend somebody else's money on myself. And if I spend somebody else's money on myself, then I'm sure going to have a good lunch! Finally, I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get.
Joseph accepted the economy of private property and individual enterprise. Even under the consecration of properties, individual stewards operated independently in a market economy, though they were obligated to return their "surplus" to the bishop...But capitalism never ruled Nauvoo as it did Chicago, a city that in 1844 was the same size as Nauvoo. The original name of the Nauvoo site, Commerce, was dropped after the Saints arrived. Rather than promising entrepreneurs great wealth, Joseph asked that "money be brought here to pay the poor for manufacturing." Profits were secondary to creating jobs.