by: Kelso, Louis O.; Adler, Mortimer Jerome
Source: Greenwood Publishing Press
In The Capitalist Manifesto, which we published previously, we outlined a practical program for bringing about the economic changes needed to transform our present mixed economy into a truly capitalist society. Among the measures proposed, one of the most important was the plan for creating new capitalists concurrently with the formation of new capital. This essay, devoted to explaining the financed-capitalist plan, is an attempt to advance our practical thinking about capitalism. It does not add anything except evidence of feasibility to the theory of capitalism as outlined in our earlier book.
Link: The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings
Publication Date: 1975-08-02