Posted 7 years ago on May 15, 2012, 10:21 p.m. EST by richardkentgates
This content is user submitted and not an official statement
A lot of small biz is having a hard time locking in financing to grow their business or hire (supposedly connected to hiring). At the same time, Wall Street has been raking it in and the lion share of investment capital in our country is being handled by a handful of companies.
To fix this, we should find a solution that helps small biz get access to financing just as easily as multinational corporations find it. Secondly, to do away with the small portion of absurdly wealthy people manipulating price inflation, we need to defund wall street by providing other places for common persons to invest rather than handing their investment cash over the the same few people. Lastly the solution needs to help spread the risk so that the entire economy doesn't teeter on the tiny focal point we are currently dependent on for financial and investment services.
All of the things mentioned could be accomplished by introducing micro trading markets based by region. Whether that is done by geography, population, or even industry (probably not effective to focus on industry), it would allow for more people to profit from investment, support local companies, and balance the financial power throughout the entire country. This would help to stabilize the economy. An added bonus, you would immediately notice the relationship between the health of individual Micro Markets and wages. Regions with higher wages would naturally do better because people in those areas would have more money to invest and to spend. Regulation enforcement could also be made easier by bringing each state into the fold of regulating the Micro Markets under their jurisdiction.
Whether or not you agree/disagree right away, take some time to think before cornering yourself into defending a knee-jerk reply. The idea of capitalism requires a healthy circulation of capital or it stalls. The other side of the coin, socialism is about the common wealth, and this would make wealth a lot more common (pun kinda intended :)