On December 25, 2013, Kathleen Hennessey writes in the Los Angeles Times:
Obama’s interest in the pope’s message on economic justice surfaced in early October during a television interview. In response to a question from CNBC’s John Harwood, the president said he had “been hugely impressed with the pope’s pronouncements” and Francis’ “incredible sense of empathy to the least of these, to the poor.” White House officials said aides had not prepped Obama in advance on the pope’s writings.
Of course, even praise for the pope’s economic liberalism comes with caveats. The day after Obama praised the pope in his speech, he made clear in the MSNBC interview that he didn’t share all of Francis’ critique of capitalist culture.
“We live in a market economy that is the greatest generator of wealth in history. We’re risk takers. We’re entrepreneurs. And we’re rugged individualists,” Obama said.
The inequality of opportunity to empower EVERY citizen to become a productive capital owner is the REAL source of economic inequality.
Full Production and Equal Ownership Opportunity should be the top economic priority if we are to put our nation on a path to prosperity, opportunity, and economic justice!
We will never realize a full-employment society unless we reform the system and break the lock by the present wealthy ownership class that ensures that the FUTURE will continue to be owned by them. Full employment, other than taxpayer extracted and incurred national debt make-work dependency, must rely on real economic growth. And even then it would be a relatively short-run endeavor during the time period it takes to build a FUTURE economy that can support general affluence for EVERY citizen. The technology exists to employ human-intelligent machines, super-automation, robotics, digital computerized operations, etc., which holds the promise of eliminating human toil work and significantly improve production efficiencies as the FUTURE economy is built.
Our national economic policy needs to eliminate all barriers to enabling productive capital acquisition to take place through commercially insured capital credit. By doing so the result would be a quiet revolution in which economic plutocracy will transform to economic democracy.
It is the exponential disassociation of production and consumption that is the problem in the United States economy, and the reason that ordinary citizens must gain access to productive capital ownership to improve their economic well-being.
For specific policy solutions see the Agenda of The Just Third Way Movement at http://foreconomicjustice.org/?p=5797 and support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm.
See “President Obama Puts Spotlight On Economic Inequality” at http://www.nationofchange.org/president-obama-puts-spotlight-economic-inequality-1387811548 and at http://www.huffingtonpost.com/gary-reber/president-obama-economic-inequality_b_4491098.html.
http://www.latimes.com/nation/la-na-obama-francis-20131226,0,3850401.story#axzz2ocJv6VMo
