Re: Re sorting the issues

[Dan Bell <dbell@kent.edu>]

Responding to Alan Zundel,

>I agree, but worry about the people who would still be left out of any 
>significant ownership stake.
>Kelso
>had a universal plan where non-recourse credit was given to individual 
>citizens for investment rather than channelled thru trusts with
beneficiaries 
>defined by some relation to a business.

I too want to find ways for the capital-less to accumulate
capital, especially those who are not connected to a
private company.

One problem that I think needs to be addressed when creating
whatever solution is created, is including what Jeff Gates
refers to as "up close capitalism".

ESOPs are great because they allow capital-less people who
have a natural "up close" connection to a business, to
accumulate capital upon which they can have an impact.

I am worried that a capital account, set up in my name,
which simply sends me a dividend check each month, may
be little more than another form of welfare. I am still
disconnected from the capital which is adding to my income.

Dan Bell
--
Dan Bell
International Program Coordinator
Ohio Employee Ownership Center
Kent State University
Kent, OH 44242
(330) 672-3028
(330) 672-4063 fax
dbell@kent.edu
http://www.kent.edu/oeoc/