A piece of the action: A plan to provide every family with a $100,000 stake in the economy

By Stuart M. Speiser

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• Format: Hardcover
• Language: English
• ISBN: 0442270100
• ISBN13: 9780442270100
• Release Date: January 1977
• Publisher: Van Nostrand Reinhold Co
• Length: 390 Pages
• Weight: 1.65 lbs.

Customer Reviews

A plan to provide every family with a stake in the economy.

The book is a tad dated, but the principle is still the same. I would not have heard of Stuart M. Speiser (attorney for Ralph Nader in GM lawsuit) except as a footnote in an economics class in the ’70s. He wrote this book with the concept of how credit power and capitalism expenditures of major corporations can provide families with stock ownership without distributing present wealth. This plan would correct the inequities of those who own stock and those who don’t, and then there would be no conflict when it comes to defining taxes or restrictions on stock ownership. From the back cover flap: Speiser also contends that wealthy stockholders will wind up in the words of Sen. Russell Long, “having their eyeballs taxed off them, useless capitalism is made into a good deal for everyone.” The book is a tad dated, but you can see the beginnings of 401(k) and company ownership along with some other ideas. This is not capitalism or communism, but a different way of looking at ownership and not wealth distribution/redistribution. This is a must-read for economists and non-economists alike to get a better understanding of options before executing economic plans for themselves or others. It’s just a good idea to be able to make informed decisions. And I found it helpful down through the decades; I think you will find this helpful also.