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OverviewThe book OWN addresses the problem of concentrated capital ownership with less than 10 percent of the citizenry owning America and the more than 90 percent relegated to a wage system to earn income or government welfare dependency. Proposed are solutions to massive economic inequality, globalization, the misguided minimum wage and unionization movements, wage system dependency and tectonic shifts in the technologies of production that destroy jobs and devalue labor. Proposed are financial mechanisms and reforms to the tax, and monetary and credit systems to broaden capital ownership simultaneously with the growth of the economy. This new paradigm will enable the people of the United States to build a future economy that can support general affluence for every citizen. As a result, capital ownership would become an integral part of earning income and building wealth while ever-advancing technology eliminates the necessity for a massive workforce and jobs for those workers. The proposed Economic Democracy Act will create equal opportunity access and the means to acquire capital using self-liquidating insured, interest-free capital credit for every citizen, every year from birth to death, to become a productive capital owner in the technological frontier. Without such universal citizen access to the financial means to acquire capital with zero-interest, insured capital credit, and the ability to repay those capital loans with the future pre-tax earnings of the capital itself, the increasing concentration of capital wealth ownership and capital-generated income will accelerate, as advancing technology replaces labor as a productive input. - Gary Reber Full Product DetailsAuthor: Gary ReberPublisher: Economic Justice Press Imprint: Economic Justice Press Dimensions: Width: 20.30cm , Height: 3.80cm , Length: 25.40cm Weight: 1.474kg ISBN: 9798218052065Pages: 758 Publication Date: 24 March 2023 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: Available To Order ![]() We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationGary Reber did his doctorate research studies in urban and economic development planning in Stockholm, Sweden at the KTH Royal Institute of Technology. In 1968, Reber formed a binary economics advocacy/consultancy firm with author, economist and corporate attorney Louis O, Kelso, and afterwards taught binary economics in the graduate program at the University of California, Berkeley. Author of numerous articles, Reber has been an advocate for economic justice for over 50 years. Reber presently serves on the board of directors of the Center for Economic and Social Justice in Arlington, Virginia. Tab Content 6Author Website:Countries AvailableAll regions |