Friday, October 10, 2008

We The People

Here is something you won't hear me say too often - the Republican concept on the economy is not bad - the problem is it just doesn't work.

I'm talking about the concept that if you support business, the money will flow to the people who work for those companies. It really should work - but it doesn't for one simple reason. Greed. Those at the top, who make the rules and decisions, take a lions share of the profits while the rest of the company barely survive. But that is not the whole problem. Businesses exist because people need money to live. But for some reason, business has taken on a life of its own, with corporations growing and growing - never giving money back to the people for whom it should support. Corporations should be designed to generate money for the people who work there - not only to keep growing. In my opinion, every business, especially a public company, should reward every employee with a pre-determined percentage of the profits in addition to their actual wage. Can you imagine the motivation to succeed if you knew your bonus grows with the profits? This is a concept that cannot work in a totally free market because greed will always keep money from flowing back to the people.

Its people, people. Business exists for the people - not the other way around.

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