This is a powerful radio address from President Ronald Reagan in which he advocates broad-based ownership of productive capital by the people of this nation. What happened to the Republican party? Why aren’t they pursuing this platform? See www.foreconomicjustice.org
“More than 100 years ago, Abe Lincoln signed the Homestead Act making it possible for our people to own land. This was a revolutionary development. Ownership of land in most of the world had not been possible for the ordinary citizen…. The Homestead Act set the pattern for American capitalism…. Now we need an Industrial Homestead Act, and that isn’t impossible.”
— Ronald Reagan; Radio commentary, “Tax Plan No. 1,” /Viewpoint with Ronald Reagan/, February 1975.
