Progressive politics has shaped US history’s most significant social and economic advances.
Going back to President Teddy Roosevelt, a Republican, who at the beginning of the last century first realized the vision that the US could advance its economic power by providing protections for its citizens in the workforce and their daily lives and recreation spaces in new national parks.
Roosevelt saw that unregulated capitalism threatened economic and social equality. Capitalism needed regulatory boundaries to contain greed, the sale of tainted goods, monopolistic practices, and cutthroat competition, which all produced a permanent underclass. The answer to these problems was progressive politics.
Teddy Roosevelt’s cousin, Franklin Delano Roosevelt, advanced the progressive cause further by bypassing social safety-net programs such as Social Security and the Securities and Exchange Act to regulate Wall Street.
But America is a corporate, capitalist system. In the decades since FDR, unregulated corporate capitalism has again taken over the government to shape its policies and budgets. Most Americans think there are three branches of government: the Executive, Legislative, and Judicial. But they are wrong.
In 2020, there will be parallels and, in some cases, much more powerful branches within the boundaries of government that operate with almost no interference from regulations. These industries represent oil and gas, financial services, health care, military contractors, aerospace, and specialty industries, such as private prisons. These are all beneficiaries of monopoly capitalism and the privatization wave that swept Europe and the US in the 1970s.
Money in politics, the Old Boy Network, nepotism, voter suppression, tax breaks for particular industries, hedge and private equity funds, and plain-old inertia keep this system operating without any challenges, except in the rare instances when reform and the progressive wind sweeps across the scene.
Progressive Politics Can Move the Nation into the 21st Century
Today, the progressive political and economic message makes sense to a middle class that has not seen real wages rise since the 1970s.
Staggering student loan and credit card debts with interest rates set by faceless credit card companies keep average Americans on a treadmill of work and debt repayment. Most young people will never be able to afford their own houses or have a living standard higher than their parents unless a fundamental power shift happens.
This site discusses how progressive politics, ideas, and current problems helped create the national problem and suggests remedies to fix a broken system of unregulated capitalism.
This site has articles on progressive politics and issues related to wealth creation, the threats to a secure financial retirement, and what individuals should do to help secure their financial future.
The lesson is that your future is in your hands. When you can take control of your financial and political future, you can enjoy more freedom than ever.
NOTE: This progressive vision is for individuals, organizations, and financial advisors who want to publicize their fiduciary-oriented practices and wealth management talents. If you are a progressive organization or financial advisor and wish to advertise on this site, contact us.