On September 27, 2012, Ken Thomas and Matthew Daly of the Associated Press wrote:
President Barack Obamais pitching a broad economic argument to voters ahead of next week’s debate with Republican opponent Mitt Romney, buying TV time in seven battleground states to promote what he calls a “new economic patriotism.”
President Obama needs to think much bigger than the goals he espouses for his “new economic patriotism” approach and put the emphasis on OWNERSHIP CREATION, which will result in REAL JOB CREATION and create a balance between production and consumption.
The proposed reforms that I and others are advocating would grow a truly just and free enterprise economy, creating millions of private sector jobs and turning this country into a nation where every child, woman and man could become a capital owner, without redistributing property from current owners. See Louis Kelso and Mortimer Adler’s 1958 book The Capitalist Manifesto and their 1961 book The New Capitalists: A Proposal For Freeing Economic Growth From The Slavery Of (Past) Savings (download free at http://www.cesj.org/cesjsitemap.html).
Our proposed systemic reforms to the tax, monetary, finance, inheritance, labor and welfare systems are based on the sound moral, political and economic principles espoused by Kelso and Adler and supported by the great thinkers of the past. This new vision would offer a truly genuine “Second American Revolution” of radically centrist “bottom-up” ideas based on the inherent dignity of every human person. It took a civil war to eliminate the institution of human slavery, the original sin of this great nation. Our challenge today is to eliminate wage slavery, welfare slavery and debt slavery, while minimizing charity slavery.
Such a new strategic goal would be guided by universal principles of economic and social justice that would lift American political debates from the politics of greed (the right) or those of envy (the left). Such a new goal would restore America’s moral leadership in the world. How? By uniting all Americans across today’s ideological spectrum, from far right to far left, behind a “solution” that would systematically create a truly new constituency working together to build a more economically just, high tech, sustainable growth economy. Uniquely such a just free market economy could be achieved without depriving current capitalists of property rights over their existing assets and would radically reduce and eventually eliminate government redistribution of income.
Join the OWN Team to advocate OWNERSHIP CREATION at http://capitalhomestead.org/group/the-own-team The only commitment is to participate in the Weekly Action Point, which is usually just a Facebook post. Other activities are strictly voluntary!
http://news.yahoo.com/2-minute-ad-obama-touts-economic-patriotism-070804791–election.html
