Economic Renormalization Required by industrialization

Reindustrializing America requires renormalization from the minimum wage earner to the top 0.1% of wealth. In every case life wil improve, whatever that means to the economic strata.

Renormalization is:

  • Not a one year process
  • Requires extensive planning 
  • Conversion from a feudalistic economy to a capitalistic economy
    • Redistribution of inherited wealth to new entrepreneurs
    • Winners are not determinedby how much wealth is accumulated
    • Winners are determined by how many jobs are created and maintained or how much wealth is created
  • Uses merchantalism to determine best use of societal wealth
    • Infrastructure creation and maintenance
    • Best use of entrepreneurs in fulfilling the needs of society
    • Using wealth created through automation to be redistributed to emloyment in services
    • National goals fulfilled then global goals
  • Adjusting incomes for 
    • Minimum wages for being able to purchase internal manufacturing
    • Private employment equalized to public employment
    • Services provided by skills such as lawyers and doctors
    • Regulating incomes based on self-serving corporate structures