EVERY U.S. CITIZEN HAS TWO BROAD ECONOMIC NEEDS:    1. INCOME adequate to buy the life essentials and pay the practical costs of living in our modern technological society; and  2. PROTECTION from exploitation due to commercial greed and profit seeking.

 

GOVERNMENT IS RESPONSIBLE  to ensure these income and protective needs are met for every citizen under its Constitutional mandates for PROTECTION (“…establish Justice, insure domestic Tranquility, provide for the common defence,) and ECONOMIC WELLBEING (promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity…”). Our capitalist economic system cannot possibly provide these assurances because its sole priority is profit, not public needs or public interest. Following are some of the leading governmental actions necessary for us all to have such assurance.

 

UNDER CAPITALISM, SOCIALISM, OR ANY OTHER ECONOMIC SYSTEM OF ANY NATURE WHATSOEVER:

Governmental Initiative must ENSURE EIGHT ECONOMIC RIGHTS for every American citizen:

a) Adequate* income for LIFE ESSENTIALS: 1-Food, 2-Clothing, 3-Shelter, 4-Health care, 5-Retirement.

b) Adequate* income for PRACTICAL NEEDS: 6-Transportation; 7-Insurance required by law.

*’Adequate‘ means a LIVING WAGE, whereby federal law requires that income sufficient to purchase the five life essentials and two practical needs will be paid by every employer or other source of income.

c) 8-A Young Adult Life Opportunity Voucher (for a college degree, trade education, business startup, or an equipped farm) earned by three years in a Service To America Corps, or by military enlistment.

 

Governmental Initiative and Regulation must PROMOTE AND ENSURE:

d) Affordable prices via merchant competition that restrains prices.

e) Incentives to form new small minimally-regulated entrepreneurships, serving local/regional public needs, from which profits may be extracted.

f) Incentives to form new small worker-owned co-ops, serving local/regional public needs, in which all surpluses will be retained as investments back into the co-op and as bonuses for employee-owners.

g) Subdivision into new co-ops and entrepreneurships of any corporation or commercial entity that exceeds 5% of the United States marketplace for anything it sells.

h) A useful, reasonably productive job for every working-age U.S. citizen who is able to work.

i) Governmental ownership of any project or enterprise that lacks natural incentive for private business, such as national power grid modernization, affordable housing, affordable small electric vehicles, etc.

 

Governmental Legislation and Regulation must PREVENT:

j) Natural monopolies (fixed rails, pipelines, wires, etc) failure to govern in the public interest.

k) Existence of any other monopoly, contrived monopoly, or corporate gigantism as near-monopoly.

l) Any commercial activity not consistent with the public interest or genuine public demand.

m) Foreign commercial ownership that cannot ensure dedication to the United States public interest.

n) The very possibility of extreme imbalance in who holds and commands the nation’s immense wealth.

 

A Constitutional Amendment concerning EDUCATION will ensure:

o) In every school year curriculum from first grade through four-year college, a requirement to teach the concepts of Economic Rights, of Adequacy, of Competition and Cooperation, of consciously chosen Values, The Purposes of Democratic Government as specified in the Constitution’s Preamble, and Civics.