Check out the video on MSNBC’s The Ed Show on June 4, 2012. The latest jobs numbers are the worst in a year, and Mitt Romney and the Republicans are cheering against the American worker for their own election prospects. Ed Schultz discusses the latest economic report and the GOP obstruction with Rebuild the Dream president Van Jones.
While I realize the urgency to create job opportunities is what matters right now in the daily lives of those unemployed and seeking jobs, the underlying thinking is restricted to one-factor labor worker economics. If the thinking could be expanded to recognize the reality that there are two factors of production––human and non-human––and questions directed at the structural ownership of our business corporations and companies, then we might be able to foster a serious national discussion through the mass media about what policies and programs can be implemented that will empower ALL Americans, especially those propertyless non- or under-capitalized, to acquire private, individual ownership in the future productive capital assets of our business corporations and companies. Implementing such will result in much faster and far greater “real” job creation and economic growth than continuing to focus solely on job creation, which through government support essentially ends up as make-work, expanded military-industrial contracts and welfare, open and concealed.