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I don't believe government should take over the grocery store down the street or own the means of production, but I do believe that the middle class and the working families who produce the wealth of America deserve a decent standard of living and that their incomes should go up, not down. I do believe in private companies that thrive and invest and grow in America, companies that create jobs here, rather than companies that are shutting down in America and increasing their profits by exploiting low-wage labor abroad.

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Here's what I believe. I believe America thrives when the middle class thrives. I believe that our economy isn't working the way it should because our democracy isn't working the way it should. That's why we need to appoint Supreme Court justices who will get money out of politics and expand voting rights, not restrict them. And if necessary we'll pass a constitutional amendment to overturn Citizens United! I believe American corporations that have gotten so much from our country should be just as patriotic in return. Many of them are. But too many aren't. It's wrong to take tax breaks with one hand and give out pink slips with the other. And I believe Wall Street can never, ever be allowed to wreck Main Street again. I believe in science. I believe that climate change is real and that we can save our planet while creating millions of good-paying clean energy jobs. I believe that when we have millions of hardworking immigrants contributing to our economy, it would be self-defeating and inhumane to try to kick them out. Comprehensive immigration reform will grow our economy and keep families together - and it's the right thing to do.

I believe in the American Constitution. I favor the American system of individual enterprise, and I am opposed to any general extension of government ownership, and control. I believe not only in advocating economy in public expenditure, but in its practical application and actual accomplishment. I believe in a reduction and reform of taxation, and shall continue my efforts in that direction.

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Should not the government own all those industries which have to do with the obtaining of raw materials and transforming them into necessary products [...] mines, packing plants, grain elevators, oil fields, and iron mines? [...] I am speaking of these things as merely touching upon the ideals of this movement, of an ultimate cooperative commonwealth....

I believe in markets, but I don't believe in markets understood as private monopolies. I believe in open global, national and regional civic markets. If everybody owns and trades, and there wasn't just an exclusive, dispossessed class, there wouldn't be a radically insecure bottom twenty or thirty percent of society that causes problems for everybody else.

In this country, we believe everyone has something to contribute and deserves the opportunity to reach their God-given potential, from the boy whose descendents arrived on the Mayflower to the Latina daughter of migrant workers. We're all God's children, and we're all Americans. We believe -- we believe in low taxes, spending discipline, and open markets. We believe in rewarding hard work and risk-takers and letting people keep the fruits of their labor.

Let's do something that the media doesn't do. Let's talk about the reality of American life. Why is it that, over the last 45 years, despite the huge increase in productivity and technology, the average worker today is not making a nickel more in real dollars? Why is it that, over the last 30 years, the richest 1 percent have seen a $21 trillion increase in their wealth; the bottom half of America, a $900 billion decline in their wealth? Why is that we are the only major country on Earth not to guarantee health care to all people as a human right? Why are we the only major country not to have paid medical and family leave? Why do we give tax breaks to billionaires when half a million people are homeless today? And it comes down to something, Jake, we don't talk about, the power structure in America. Who has the power? And I'll tell you who has the power. It's the people who contribute money, the billionaires who contribute money to political campaigns, who control the legislative agenda. Those people have the power. And if you want to make real changes in this country; if you want to create an economy that works for all, not just the few; if you want to guarantee quality health care to all, not make $100 billion in profit for the health care industry, you know what you need? You need to take on Wall Street; you need to take on the drug companies and the insurance companies and the fossil fuel industry. You don't take campaign contributions from them. You take them on and create an economy that works for all.

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There must be no hesitation to assume control of the means of production where that is essential in the public interest. In the economic life of the nation, no private interest can be allowed to stand against the welfare of the majority. Irrational privileges which disfigure our present order should be abolished. Economic freedom must be made real by giving security and a rising standard of living to all who, by their labour, make civilised life possible. We must substitute co-operation for competition and public service for private profit.

I don't believe we need the government's help as much as some think we do. That belief sets me apart from the Democrats, since their way of dealing with everything is to tax and spend. I also believe that government has no business telling us how we should live our lives. I think our lifestyle choices should be left up to us. What we do in our private lives is none of the government's business. That position rules out the Republican Party for me. As the cliché says, "I don't want Democrats in the boardroom and I don't want Republicans in the bedroom."

But what you’ve also seen is a trend in the United States but also around the world in which even when the economy grows, it tends to benefit a lot of people at the very top, but the vast majority of people, they don't benefit as much. And you're starting to see bigger and bigger gaps in inequality and in wealth and in opportunity. And that's true not just in the United States, it's true in Europe; it's long been true in parts of Asia; it's been true in Latin America. And I believe that economies work best when growth and development is broad-based, when it's shared -- when ordinary people, if they work hard and they take responsibility, they can succeed. Not everybody is going to be rich, but everybody should be able to live a good life. Not everybody is going to be a billionaire, but everybody should be able to have a nice home and educate their children and feel some sense of security.

I believe in specific ideas and I believe that those ideas have consequences. I believe in the individual, in less government so as to allow that individual maximum freedom to create and achieve; that societies which are founded on restraining the government rather than the individual are optimum; that the individual is smart enough to solve his own problems and does not need to depend on big government for resolution of all his problems; that my belief in individuality and limited government does not preclude me from advocating the requisite amount of government authority to ensure law and order in our society; that our ability to enjoy peace vis-á-vis other nations is directly related to our military strength; that the best that we can hope for in an imperfect world will most likely be achieved by maximizing individual economic and political freedoms and, conversely, that social utopia cannot be achieved through governmental largesse and socialistic redistributions of wealth; that compassion is defined not by how many people are on the government dole but by how many people no longer need governmental assistance; that political and economic freedom are inextricably intertwined; that society owes its citizens equality of opportunity but cannot guarantee them equality of outcome; that strong, wholesome family values are at the very core of a productive, prosperous and peaceful society; that those values cannot be instilled by government but can indeed be sucked dry and eliminated by well-intentioned but destructive governmental programs; that human life is sacred and that God placed man in a position of having dominion over nature; that environmental awareness is healthy, but that apocalyptic environmentalism based on disinformation and hysteria is destructive to society and man's best interests; that racial relations will not be enhanced or prejudice eliminated by governmental edict; that there is one God and that this country was established with that foundational belief; that our morality emanates from our Divine Creator; whose laws are not subject to amendment, modification, or recession by man; that certain fundamental differences between men and women exist in nature; that men and women are not at war and that their relationship should not be redefined by by those who believe that we are; that the meaning of the establishment clause of the First Amendment should not be stretched beyond its intended dimensions by precluding voluntary prayer in our public schools; that the United States of America was founded on the beliefs I have just enunciated and that it is the greatest nation in the history of the world; and that the USA is the greatest nation, not because Americans are inherently superior but because its government was founded on principles which seek to allow maximum individual achievement.

I believe in an America where the free enterprise system flourishes for all other systems to see and admire — where no businessman lacks either competition or credit — and where no monopoly, no racketeer, no government bureaucracy can put him out of business that he built up with his own initiative.

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