Overview

The 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 mis-guided 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 in-sured, 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 interest-free, 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 wealth and capital-generated income will accelerate, as advancing technology replaces labor as a productive input.

Full Product Details

9798218965273

Table of Contents

Reviews

The book talks about the concept of 'every citizen' being a productive capital owner. It proposes a shift from the traditional labor-based economy to a capital-based economy. The author believes that by turning every citizen into a productive capital owner, the distribution of wealth will be more equitable, and it will lead to a better society. The author argues that the current economic structure creates inequality, and the only way to address this is to provide every citizen with the opportunity to become a productive capital owner. The book proposes various ways on how to achieve this by creating a universal capital account, expanding access to affordable capital, and advancing technology and innovation that will boost productivity and create new opportunities for businesses. Overall, the book provides thought-provoking ideas on how to tackle inequality and promote a more equitable economic system. However, it may also be criticized for overlooking the social and political challenges that may arise in implementing such a transformation. OWN is a book written by Gary Reber, which aims to transform every citizen into a productive capital owner. In this book, Reber advocates for a new economic system that is based on the principles of ownership and empowerment. He argues that the current economic system is flawed, and that it perpetuates inequality and poverty. Reber suggests that by providing every citizen with the means to own and control productive assets, such as businesses and property, we can create a more equitable and just society. The book offers practical solutions and a new vision for the future of our economy.

Author Information

Gary 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 6

Customer Reviews

Recent Reviews

Countries Available