Democracy and Economic Power: Extending the Esop Revolution Through Binary Economics - Couverture souple

Kelso, Louis O.; Kelso, Patricia Hetter

Couverture souple

ISBN 10 : 0819179094 ISBN 13 : 9780819179098

Editeur : University Press of America, 1990

Synopsis

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.

Détails de l'édition

• Éditeur: University Press of America
• Date d'édition: 1990
• Langue: anglais
• ISBN 10: 0819179094
• ISBN 13: 9780819179098
• Reliure: Broché
• Nombre de pages: 210
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible