5 Questions on the Economy and our Democracy

Dear Mr. Obama:

A political democracy is built on the concept of one person one vote. In other words, in a democracy there’s a built in balance of power so that the few cannot dictate to the many.

In that light, my questions are…

1. Without a somewhat democratized/balanced economy, how is it possible for America to have a legitimate political democracy?

2. That is to say, if a small percentage of people (some would say 1%) own most of our nation’s capital/wealth (some would say 99%) how can government officials avoid being owned, controlled, and manipulated by Concentrated Power and Wealth, Inc. at the expense of the many?

3. And if it’s impossible to have a legitimate political democracy under such imbalanced economic conditions, what steps would you as President of the United States take to help systematically democratize the free market economy, shrink the cancerous wealth gap, and minimize poverty without resorting to bureaucratic, big government (i.e. socialistic or communistic) tactics to do the trick?

4. In this light, are you familiar with the works of economic theorists Henry George and Louis Kelso

5. Finally, if so what role could Georgian or Kelsonian economics play in your 21st Century solution to the many economic problems our nation/world is facing?

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