The following is consistent with the principles of capitalism. The economy must match the values of the community in which it resides. Those community values are defined in the Constitution both of the Federal Government and the State Government. The economy must also benefit the community as a whole; the existence of a stable market requires the existence of a stable government and a stable community. This proposal maintains focus on a market economy, rooted in the notion of a fair market.
If the cost of living in a given community is $30,000, the AVERAGE wage in that community would be $1,500,000. Want a raise?
There is a fallacy known widely as a free market; free markets do not and cannot exist; they are theoretical. Absent regulation, a market will tend to favor the powerful and diminish the weak; over time, this will destabilize both the community and the economy. If free markets were to exist, they would naturally approximate what I have outlined below. The degree to which an economy veers from what I have outlined below is the degree it differs from a theoretical free market. Contrary to popular belief, the approximation of a free market requires rather than abhors regulation. Put another way, Libertarianism is the opposite of a free market.
The primary goal in the following economic model is to produce a bell-curve distribution of wealth and income. If a free market were to exist, it would naturally produce this bell-curve distribution. Read more
Are you a supporter of basic Human Rights? Do you bristle at racial or sexual inequality? Do you believe in the basic principles of human dignity? If so, great! But, do you also realize that human dignity and basic rights include equality of economic opportunity? Economic Equality is as fundamental to human dignity as is racial or sexual equality. Are you fully onboard to fight for this basic human right?
Read more about this here: Makers, Takers, and the Future of American Economics
“Two studies released last week confirmed what most of us already knew: the ultra-wealthy tend to be narcissistic and have a greater sense of entitlement than the rest of us, and Congress only pays attention to their interests.”
I‘ve long considered myself a capitalist. By which I’ve meant that I support our system of economic production and distribution which is privately owned and driven by free markets. The success of capitalism seems evident.
And yet, as I’ve gained more real-world experience living and making a living in a capitalist society, I’ve begun to moderate my view a bit.
When I was younger, I was a proponent of libertarian or “hands-off” views relative to markets. I was convinced that a free, unregulated market would regulate itself. My viewpoint has changed.
Though still a proponent of capitalism, I now believe that unregulated or even under-regulated capitalism will grow into a beast that we must feed, rather than a beast that feeds us.