Expanded Capital Ownership Now!

Democracy is when the indigent, and not the men of property, are the rulers. ~Aristotle

The Bottom-Up Approach

To solve today’s so called “Economic Crisis”; 'We the people' should address the failed Keynesian approach and then offer a historically better way. The bottom-up 'Paradigm changer', will be the founders vision* from a "Citizens-Ownership" perspective and approach.

"The marvelous success story of the Keynesian (forever trickle and Top Down) new economics is built upon the suppression and obscuring of the distinction between economic employment and non-economic employment. It measures economic performance by the degree to which the economy achieves undifferentiated full employment and annual increase...The increase may represent goods and services that are utterly useless to man; they may even consist of goods and services intended to do nothing but to kill, cripple and to squander precious natural resources in the process." ~ Louis Kelso, 1967 – Full Employment Act is “full toil and waste for all forever”

Kelso and others knew this before the Vietnam War and the war on life (Roe v. Wade of 1973); that Keynes was flawed! Keynes is forever a top-down perspective.

And so it has come to pass, today the year 2010.

With an economy largely built on ‘killing - crippling - and squandering the most precious resources’,.. We the people have, Our posterity!

That is why We Urgently Call to,.. Pass Capital Homesteading Now!

Problems of social and cultural equality, although important, cannot be solved until the urgent economic problem is successfully disposed of, and the paradigm changed. Only now are some of the ‘Tea Party Leaders’ beginning to realize the priority of the urgent, and how much of the present so-called “Economic Crisis” has grown directly from neglect of our posterity, by both the Republican and Democrat establishment.

Mindful of their ever present special interest groups –Corporatocracy, Foundations and Trusts - the bureaucracy continues to offer failed Keynesian approaches and continued neglect. Similarly it took many minority-group leaders of the “civil rights era”, to face directly the sense of neglect, of the urgency of a future. In a statement issued November 3, 1966, at the Statue of Liberty, the National Committee of Negro Churchmen declared:

"…The Slaves were freed in 1863, but the nation refused to give them land to make that emancipation meaningful. Simultaneously, the nation was giving away millions of acres in the Midwest and West – a gift marked ‘for whites only’ (Lincoln’s Homestead Act). Thus, an economic floor was placed under the new peasants from Europe, but America’s oldest peasantry was provided only an abstract freedom. In the words of Frederick Douglas, emancipation made the slaves ‘free to hunger; free to the winter and rains of heaven.. Free without roofs to cover them or bread to eat or land to cultivate.. We gave them freedom and famine at the same time. The marvel is that they still live."[1]

The need is urgent for our posterity 'if they live', and then only to be crippled by neglect and hungry for a place to call their own, a homestead. We the people, peasantry or propertyless 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.[2]

You cannot blame the propertyless when a hand-out is offered, they accept it as charity. For freedom and life without Property is incomplete. A free people don't plan to fail they simply fail to plan. Slaves of old, could not accept any 'Plantation mentality' solutions and neither should we; not until ownership is the prerequisite can a people plan from the Bottom-up, or they and we, will unknowably accept to fail, and remain in servitude to another. The Keynesian economic model has taught us that.

“Father forgive them for they no not what they do,..” In the belief that man’s most critical problem in the modern, highly technological world is economic (management of the homestead), and that unless he solves the urgent he will never have the chance to confront the inherently important social and cultural issues. Let us see how economic planning might help achieve the goals of the theory of 'Citizen-Ownership’ through the Second American Revolution of idea.

The theory of Binary Economics is built upon ownership of productive capital, and therefore providing a two wage (income) system; of one's own labor and of one's own capital. 'Citizen-Ownership' through Capital Homesteading Accounts (CHAs) helps lift the barriers of capital formation and the slavery of past savings, and is a turnkey bottom-up approach to expand capital ownership. CHA's provide at least a two 'income/dividend' system; it is not a hand-out, but a hand-up, and hand-in future ‘capital formation’ and growth.

“We do not mean to suggest, that the expanded capital ownership approach is a universally applicable one. However, it illustrates the principles and concepts through which democracy can build a firm social foundation for economic cooperation and growth. Ownership need not be a reality confined to the wealthy few or an all-powerful state. Through the operation of democratic principles, it can become an experience universally shared and understood.” -Alan Keyes, Mexico City 1986 [3]

Whether from Adam Smith’s -The Theory of Moral Sentiments, or Abraham Lincoln’s - Emancipation Proclamation, the vision of urgency toward preserving a balance of power, between the people and its autonomy from the State, must be secured. Many today call it ‘economic empowerment / economic Justice' through ‘Citizen-Ownership’ its meaning; to secure the blessings of liberty for ourselves and more importantly, our posterity.

That is why we urgently call,.. for all ‘Tea Parties’. All the humble and tireless masses, Americans of African descent, Native Americans, and for those captive in a dysfunctional single income (welfare/wage/salary) system; ‘Wage slaves'. All those held captive in high interest consumption debt (bad-credit); 'Debt slaves'. All those bound by a punitive and threatening tax system; 'Tax slaves'. All those fearful of the demands made by a burdening and grotesque National Deficit; 'U.S. Debt slaves'. All captives in an economic paradox, 'Keynesian slaves'.

We urgently call to,.. join with us, the “Coalition to Pass Capital Homesteading” and help bring in the Jubilee Initiative for 2012 through ‘full production’ and instillation in 2019.[4] Pass Capital Homesteading Now! is the next Civil Rights / Pro-Life / Pro- American issue and should be placed on the top of the American agenda, for 'We the people' interested in regenerating the America Dream of life, Liberty and Justice for all.

We urgently call for,.. the bottom-up approach, ‘Pass Capital Homesteading Now!’ which must start from those neglected in the past, and the propertyless present, and for the blessing of our posterity the future. Those tired and hungry urgently call for a plan of their own design and with their own hand. The creator God would have it no other way, but that we should be called 'good stewards' of all His creation. Some call it “Citizen-Ownership”.

Lend us your ear, your voice, lend your hands, and help lift up 'We the people', with the Bottom-Up approach, that is the 'JUST' Third Way.

The Bottom–Up Approach = Citizen Ownership

* * * * *
It is axiomatic that those who suffer most from ill-designed economic institutions have the least power to effect change, whereas those having the power are little inclined to correct, or even to question , a system which favors them. All the more credit is therefore due those who do not allow their own personal success to blind them to institutional defects which deny equality of economic opportunity to the majority of their fellow men. Their neighbor, their brothers, their sisters and the citizens of a land they love. –Louis O. Kelso, The Two-Factor Theory: The Economic Reality -Vintage Books- 1967

* * * *
We should be glad and not sorry when a fundamentally wrong notion of which we have been secretly conscious for a long time finally gains a footing in the American Conscience and is proclaimed both loudly and openly. The falseness of it will soon be felt and eventually proclaimed equally loudly and openly. It is as if the stain of cancer has been removed. And then we can get on with civilization itself.
* * *

Leviticus 25:10 - "And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto the inhabitants thereof: it shall be a jubilee unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family." - KJV.

* *

Who owns America?

'Citizen-Ownership'

Own or be Owned

*
footnotes;

[1] Two-Factor Theory: The Economics of Reality - How to Turn Eighty Million Workers into Capitalist on Borrowed Money and Other Proposals ~Louis Kelso and Patricia Hetter (pg 118)

[2] Louis O. Kelso and Patricia Hetter, Washington Post, June 18, 1972 ~ Moral responsibility is born of ownership. Subdue and multiply.

[3] Latin America’s Economic Challenge: The Democratic Response ~Alan Keyes, Mexico City 1986

[4] Lincoln's Homesteading Jubilee is 2012 - Not to be confused with the Global Jubilee Initiative. Lincoln’s Homestead Act 150th anniversary; 400th year anniversary of the first American slaves.

*
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
~Adam Smith, Wealth of Nations

*
“All men are by nature equally free and independent, and have certain
inherent rights, of which they cannot, by any compact, deprive or divest
their posterity; namely, the enjoyment of life and liberty, with the means
of acquiring and possessing property, and pursuing and obtaining
happiness and safety.”
~ George Mason
(“Father of the American Bill of Rights”)
Article 1 of the Virginia Declaration of Rights,
Adopted June 12, 1776

*
Adam Smith 1759; The Theory of Moral Sentiments
(I,III, 28) Part I, Section III , Chap. III:

Of the corruption of our moral sentiments, which is occasioned by this disposition to admire the rich and the great, and to despise or neglect persons of poor and mean condition

This disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition, though necessary both to establish and to maintain the distinction of ranks and the order of society, is, at the same time, the great and most universal cause of the corruption of our moral sentiments. That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue; and that the contempt, of which vice and folly are the only proper objects, is often most unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.

We desire both to be respectable and to be respected. We dread both to be contemptible and to be contemned. But, upon coming into the world, we soon find that wisdom and virtue are by no means the sole objects of respect; nor vice and folly, of contempt. We frequently see the respectful attentions of the world more strongly directed towards the rich and the great, than towards the wise and the virtuous. We see frequently the vices and follies of the powerful much less despised than the poverty and weakness of the innocent. To deserve, to acquire, and to enjoy the respect and admiration of mankind, are the great objects of ambition and emulation. Two different roads are presented to us, equally leading to the attainment of this so much desired object; the one, by the study of wisdom and the practice of virtue; the other, by the acquisition of wealth and greatness. Two different characters are presented to our emulation; the one, of proud ambition and ostentatious avidity. the other, of humble modesty and equitable justice.

There is a Justice Way
Posted by Guy C. Stevenson





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"Missing the point of empowerment"