Creating Real Capitalism, For A Change

EVERY ECONOMIC PROBLEM, particulalry the usual two, unemployment and poverty, could be remedied in a heartbeat, or at least within a few years, by any American Presiednt, without congress, if properly egged on by we the American people. The President of the United States (POTUS), all by himself, has the power to break up the wealthy elite corporate oligarchy which owns and controls everything and stifles real economic prosperity for most of us. The president can take anti-trust action. Doing so would stimulate real competition, which we do not now have, and would create higher wages and more jobs, lifting us out of poverty, turning us all into productive participants in a thriving economy. Yes, what we need in America is good old fashioned free market capitalism, which, surprisingly, has been seldom seen in history, due to the rapidity with which monopolies form in almost every industry, without government action to stop it. Our current corporate oligarchy, the one percent or less, stifles the economy for everyone but themselves. A prosperous capitalistic economy consists of many small businesses, with competition for market share, workers, wages, and prices. An economy dominated by a few corporate monopolisitc giants will not sustain, because wages are kept too low, and the consumer bass is therefore too small. Ravi Batra, an economist at Southern Methodist University, is a must read for all who not only wish to understand our economic problems, but also how to fix them. And it isn't rocket science. In fact, its amazing, how simple the problem is and how simple the remedy. Its all in a new book "End Unemployment Now", published just this year. What the title lacks in creativity the text more than makes up for with clear, entertaining, easy to understand explanations. I don't understand economics. I'll make that clear right now. I get lost somewhere in the middle of the very first equation. I am, however, smart enough to understand that when most people don't have enough money, demand is small, hence production supply decline, and hence, economic prosperity is reduced. Supply side, trickle down Reaganonimcs is a scam, and always was. Or, in the words of Pope Francis, trickle down economics is a "myth". (his word not mine). What we need is demand side, trickle up economics, and the way to achieve that is to create new markets by getting money into the hands of people who currently don't have enough, primarily through wage increases. As Abraham Lincoln said: " labor is prior to capital, which is only the fruit of labor, and never would have existed had labor not existed first. Labor is superior to capital, and should always be given the higher consideration." The next Occupy Wall Street movement should be centered on the internet, should advocate demand side economics, and should work to help convince the public to do what it takes (force governments) to break up monopoly/oligarchy capitalism, and replace it with real free market capitalism. " Workers of the World, Unite", someone once said.