The Promise of America, Paid Forward

I believe in the promise of America because I experienced it first-hand.

By Roger Ferguson
The Promise of America, Paid Forward

America’s 250th anniversary is a time to celebrate our past and reflect on our future. It is a reminder to cherish our freedoms and renew our commitment to the principles that have made America special for two and a half centuries.

I believe in the promise of America because I experienced it first-hand. This nation provided opportunity for a young black student who began his education in a segregated elementary school in Washington, D.C., – and then studied hard and worked his way through college in part by cleaning bathrooms – to eventually become Vice Chairman of the most important central bank in the world and CEO of a Fortune 100 company. I am grateful every day that I was free to pursue my dreams, and I strive to pay it forward by supporting today’s youth, mentoring tomorrow’s leaders, and advocating for a more inclusive form of capitalism.

Too many people have lost faith in the American dream. They feel left behind by a changing world. As we enter the next phase of this “great experiment” in liberty, equality, and self-governance, we must find new ways to lift up those who strive for a better future for themselves and their children.

The beacon of America shines brightest when it stands for something bigger than just accumulating wealth. We are a diverse population united by a shared love of freedom, liberty, and opportunity. The American spirit embodies intellectual curiosity, infectious energy, and relentless innovation. Capitalism is at its best and most resilient when it harnesses that spirit by investing in the future, creating new jobs, and devising new solutions to society’s problems.

America is not perfect, but it remains the world’s best hope.

It is my fervent wish that we come together to shape a more just and inclusive capitalism that lifts people up, ensures fairness in the system, and protects our environment – all while nurturing the personal initiative and ingenuity of the American people and the productivity and dynamism of American business.

It’s a daunting mission, but a worthy one for those of us fortunate to be Americans on this 250th anniversary.

Originally posted on LinkedIn.

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