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