Friday, January 2, 2015

Middle Class must assert its worth to assure their share of America's wealth

http://egbertowillies.com/2013/07/21/middle-class-must-assert-its-worth-to-assure-their-share-of-americas-wealth/

It is time for the middle class to stop accepting crumbs for their labor and innovation. It is time for the middle class to demand, not ask, for programs that recover ill-gotten gains from a system that by design penalizes work and glorifies capital.
Scientists research a subject or natural phenomenon in detail. Engineers use the body of work and research done by various scientists to come up with useful products for us all. Doctors in partnership with scientists and engineers effect the development of tools and medicines in order to provide a service, healing. Businesses employ citizens and sell products and services to citizens. Citizens deposit their savings in banks who lend it out to businesses at fair interest rates that allow the banker and staff a good wage and depositors a fair return on their deposits.
The above is a simplistic view of what free enterprise should look like. Purposely left out are two specific professions, teachers (from elementary school teachers to university professors) and the movers of capital (investment bankers, corporate raiders, etc.).
Without a doubt the most important profession in the world is in fact teaching. All the professions listed above were the result of teachers moving knowledge to the next generation. The movers of capital however can only be considered a parasitic venture.

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