“Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country…. The vital force of labor added materially to the highest standard of living and the greatest production the world has ever known and has brought us closer to the realization of our traditional ideals of economic and political democracy.” – U.S. Department of Labor
Two things strike me about this description; first, the use of the term “labor movement”.
This was an organized effort created to improve working conditions. It wasn’t just the auto workers’ conditions; or the teachers’ conditions; or the plumbers’ or electricians’ or steelworkers’ conditions. This movement was meant to benefit all workers. The inclusive spirit of this movement is especially close to our hearts here at iConsumer.
Second, the ‘ideals of economic and political democracy’ is basically the backbone of iConsumer! We want to ensure that those same auto workers, teachers, plumbers, electricians, steelworkers, and more, get the opportunity to invest (no $1M deposit required). Everyone has a chance to get a slice of the American Dream. That sounds like economic democracy to us.
Bringing the 99% into the Wall Street experience, one member at a time, is the beginning of a movement. Who knows, maybe some day we’ll all get a day off to relax and celebrate “Investing Day”.