Democracy and economic power : extending the ESOP revolution through binary economics
著者
書誌事項
Democracy and economic power : extending the ESOP revolution through binary economics
University Press of America , Kelso Institute for the Study of Economic Systems, 1991
- pbk.
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注記
Reprint. Originally published: Cambridge, Mass. : Ballinger Pub. Co., c1986
Includes index
内容説明・目次
- 巻冊次
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ISBN 9780819179081
内容説明
Why do the rich get richer and the poor stay poor? How can we privatize publicly owned capital facilities so that employees and users own the stock? How can unions win "more" for their members without rendering American employees uncompetitive? What steps can the government take to make every American economically independent? With detailed insight and provocative analysis, Democracy and Economic Power answers these questions and many more like them. In their popular book Two-Factor Theory, the Kelsos first introduced the Employee Stock Ownership Plan (ESOP) and began the process that enabled some 10 million employees to become stockholders. Democracy and Economic Power presents their economic, political, and financial blueprint for extending ESOPs to millions more Americans. With ESOPs they, too, can buy and pay for income-earning capital out of capital's own earnings instead of labor income. Democracy and Economic Power is a must read for anyone concerned about the fate of individuals and the future of democratic institutions in our rapidly automating world. Originally published by Ballinger Publishing in 1986. Co-published with the Institute for the Study of Economic Systems.
- 巻冊次
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pbk. ISBN 9780819179098
内容説明
Why do the rich get richer and the poor stay poor? How can we privatize publicly owned capital facilities so that employees and users own the stock? How can unions win "more" for their members without rendering American employees uncompetitive? What steps can the government take to make every American economically independent? "Democracy and Economic Power" aims to answer these questions and many more like them. In their book "Two-Factor Theory", the Kelsos first introduced the Employee Stock Ownership Plan (ESOP) and began the process that enabled some 10 million employees to become stockholders. "Democracy and Economic Power" presents their economic, political, and financial blueprint for extending ESOPs to millions more Americans. With ESOPs they, too, can buy and pay for income-earning capital out of capital's own earnings instead of labour income. In today's continuously evolving economy, everyone needs personal capital holdings to supplement and, in time, replace labour income. "Democracy and Economic Power" is a guide for anyone wanting to partake in this revolution, including public employees, professsionals, artists, teachers, the self-employed, and even home buyers.
The Kelsos unveil seven new financing techniques based on the same financing logic as the already market-tested ESOP. The authors demonstrate how with these new techniques Americans can democratize capital ownership within the framework of our existing institutions and private property value system.
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