social dot coopers, y'all fans of Louis #Kelso, yeah? Have you ever heard about #CapitalHomesteading, a Kelsonian-rooted idea promoted by the organization Center for Economic Justice https://www.cesj.org/learn/capital-homesteading/capital-homestead-act-a-plan-for-getting-ownership-income-and-power-to-every-citizen/ , which is headed by real-life former Kelso associate Norman Kurland? It's really a great idea to make real #ownership of #capital much more widely and justly distributed.
#CapitalHomesteading can be summarized thusly: Reform #MonetaryPolicy from creating money from government debt to creating money on future# capital by lending $7,000 of insured credit ~every~ year to ~every~ citizen (including children ) to finance and own new capital creation (or existing capital). Money becomes #inflation-resistant because it cancelled after being eventually paid off by profits of the capital created in a virtuous cycle.
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