Yes, Well said.
The problem is that the Democrats don't have a cohesive economic philosophy that would allow the President to stand on principal. If we are just "enlighten
ed" capitalism
, then the Republican
s will continue to get more power than they deserve, because progressiv
e social programs, green jobs, and infrastruc
ture investment are not an economic theory.
As Democrats, we need to wake up to the fact that the time has come to fire Capitalism as an ineffectua
l economic model (just as the Soviets fired Communism for being an ineffectua
l political model). I personally greatly admire Capitalism for leading us out of fascism, totalitari
anism, and monarchy and building the modern economy, and there is a lot we should keep -- like the market economy and the celebratio
n of individual creativity and hard work, but it lacks the complex design necessary for the challenges of today, much less tomorrow.
More importantl
y, advanced Capitalism is evolving into the very force of tyranny that it helped beat back in its earlier form.
We need "A New Ism" that will be capable of distributi
ng the benefits of cooperatio
n more fairly, works to decentrali
ze power and place it back in local communitie
s, has checks and balances on power, branches of governance
, common pool resource management
, and places accountabl
e leadership at the center of its philosophy
.
In the 1770's we imagined this nation as a people, not a person. Now is the time for an economy of the people, by the people, and for the people.
Read the Article at HuffingtonPost
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