This is an ABSOLUTE MUST VIEW 60 Minutes program on the concept of binary economics and broadened private, individual ownership in FUTURE productive capital investment and economic growth. This is a story of one plan called the Employee Stock Ownership Plan (ESOP) trust, a financial mechanism to empower workers to acquire, over time, a viable, income-producing income sourced from dividends.
Of course, once one understands the underlying principles of binary economics then the concept can be applied to ALL economic growth measures. The policies and programs are designed to enable people who are born without capital to buy it; pay for it out of the income it produces; own it; and thereafter to receive income from that capital.
Support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm
Please watch and pass on to your family, friends and networks this 13-minute interview by Mike Wallace with Louis Kelso. The same arguments can now be made today for saving the global economy . . . and global civilization. Citizens must take steps to organize together for adoption in their own country the reforms called for in the proposed Capital Homestead Act (http://www.cesj.org/
