"Conventional wisdom says there is only one way to earn a living, and that's to work. Conventional wisdom effectively treats capital (land, structures, machines, and the like) as though it were a kind of holy water that, sprinkled on or about labor, makes it more productive. Thus, if you have a thousand people working in a factory and you increase the design and power of the machinery so that one hundred men can now do what a thousand did before, conventional wisdom says, 'Voila! The productivity of the labor has gone up 900 percent!' I say 'hogwash.' All you've done is wipe out 90 percent of the jobs, and even the remaining ten percent are probably sitting around pushing buttons. What the economy needs is a way of legitimately getting capital ownership into the hands of the people who now don't have it." ~Louis O. Kelso, Journal Asset Based Finance, 1982.

"There is no future for those who cannot or will not think." ~Louis O. Kelso, In Lectures and Conversation.
http://youtu.be/u7l7rFKPT-0

http://www.kelsoinstitute.org/

THE CAPITALIST MANIFESTO:
THE NEW CAPITALIST:
http://www.kelsoinstitute.org/downloadable-books.html

"People are hungering for property - for a secure, permanent and independent link with spaceship earth that ownership represents and which only ownership can create, protect or defend. It is humiliating to possess nothing, to own nothing, and hence to produce nothing and to count for nothing."

~Louis O. Kelso and Patricia Hetter, Washington Post, June 18, 1972

OWN OR BE OWNED

AFFORDING CAPITAL: A Second Economy through Capital Homesteading, using future savings and the Kelsonian binary economics idea.

 

 

http://capitalhomestead.org/

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