Our American Dream or Our American Nightmare
It’s not the American economy ... it’s the American Enterprise and American Economics = profitable enterprises creating cash flow for financing growth and research and development of future
The economy: management of available resources to produce the best product offering the best value ... profits. Wealth and resources for production and consumption of goods and services.
The enterprise is an economic system in which private businesses operate in competition for profit largely free of State control. Production of profits for the sharing of profits with hareholders, employees, and stakeholders. Where cash flow is equal to the current assets doubled.
Rhoads theorem:
E=MCxHC2 Americanism ... American capitalism times American Socialism (human capital) squared is the dynamics of mericanism.
American monetary capital times human capital squared equals laissez-faire enterprise. That requires a democracy to assure the participants that they can depend on the rule of law to enforce equal opportunity in a laissez-faire
market.
Rhoads theorem:
E=MCxHC2
Enterprise energy equals monetary
capital at the speed of human capital squared.
Einstein theorem:
E=MxC2
Energy equals mass at the speed of light squared. Enterprise growth ... pure GAAP GDP.