Popular Capitalism

One of the most fundamental public policy challenges over the past 30-40 years has been the further distancing between the so-called working class and the middle class and what can or should be done by governments in response. The tired socialist response of wealth redistribution, either through government programs or direct monetary transfers, is both counterproductive and ineffectual. So, what is the popular capitalist response to this challenge? First things first – we must acknowledge that there are many definitions of these terms, the key distinction between working and middle class in this column is that the middle class have some degree of capital or equity available to them (often in their home), while the working class does not.

One of the pillars of the popular capitalist model is wider ownership of equity capital. The more people that have a stake in society’s economic growth, the better. Likewise, the more people that believe they will have an opportunity to create wealth in a capitalist society, the better off we all will be. We’ll

Our goal here is to proudly defend the strengths of capitalism, showing why the free market works in our best interests, and can still be harnessed to do even more, and above all discuss the concept of Popular Capitalism. Our intention isn’t to teach Economics 101, but to explore popular capitalism while charting a