Table of Contents
Elite does not necessarily mean enemy. Those who have ethically achieved success and continue to contribute to growing a healthy economy should be viewed as powerful allies—or potential ones, at least.
Remember the diagram below?
The elite have connections and influence that many of us do not. They can raise awareness on a grave issue like the rigged layer of the economy with a single tweet, a single YouTube video, a single appearance at a rally. The elite has a great deal of power in our society and, perhaps, a great deal of responsibility. Rather than attacking them, we need to work together with them to help eradicate economic inequality from top-down and vice versa.
The Top of the Chain
The elite can either be holding high positions in the government (President, Congress Member, Senate Member, and so on) or have connections with those running the country. From the top down, the Rigged Economy Supply Chain (RESC) falls apart when we have upstanding lawmakers and regulators who work to protect what they truly believe is in the public’s best interests. We, in other words, need elites who have not come under regulatory capture, who do not operate based on moneyed interests.
Remember: the elite who try to maintain the status quo are not neutral. They are letting the cancer spread, enabling economic rigging to occur through inaction.
Upstanding legislators help fight crony corporations by properly investigating leads and exposing any foul play to the public. They will also introduce and/or support legislation that simultaneously protects the ethical corporations/individuals and disrupts the RESC.
Ethical regulators will properly enforce industry restrictions, making sure the market remains free and competitive. They will crackdown on schemes such as price fixing, mass stock buybacks, tax evasion, etc.
The trickle down effect of having an ethical elite helps keep corporations in check. Without monopolies and the like, markets open up to small businesses, innovation, and better products at ethical prices. That does not mean corporations will struggle to achieve a profit. It’s all about outlawing unethical practices that prey on citizens (e.g. potentially exorbitant drug prices) and allow crony corporations to rip off millions, or even billions, in extra profits.
Crony corporations carry out schemes to unethically, and sometimes illegally, boost profits. Crony corporations, as we have noted in previous chapters, have established a vicious cycle in which they ‘capture’ regulators and legislators in order to continue rigging the economy.
Ethical corporations can help protect the economy by following the regulations and providing leads exposing those rigging markets.
A Flourishing Citizenry
In simple terms, the rigged layer has been one of the key contributors to the stagnation of wages since the 1970s. Up until that point, GDP and weekly earnings of full time workers increased approximately at a 1:1 ratio.
Where are those extra profits going? Not to workers, it appears.
By having an elite class who actively supports the citizenry by working to eradicate the rigged layer, average workers will get to enjoy wages that reflect their colossal production. That means a single parent not having to work multiple jobs to feed their children, freeing up time for them to be present in their childrens’ lives. An ethical economy means an individual with diabetes does not have to dangerously ration their insulin because they can comfortably afford it. Affordable prices for homes, for fresh produce, you name it.
The ethical elite has a huge part to play in eradicating the rigged economy. Get them involved now!
The Zero Theft Movement does not have any interest in partisan politics/competition or attacking/defending one side. We seek to eradicate theft from the U.S economy. In other words, how the wealthy and powerful rig the system to steal money from us, the everyday citizen. We need to collectively fight against crony capitalism in order for us to all profit from an ethical economy.
Terms like ‘steal,’ ‘theft,’ and ‘crime’ will frequently appear throughout the book. Zero Theft will NOT adhere strictly to the legal definitions of these terms (since congress sells out). We have broadly and openly defined terms like ‘steal’ and ‘theft’ to refer to the rigged economy and other debated unethical acts that can cause citizens to lose out on money they deserve to keep.