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Questions and Answers
Who currently owns and controls 90% of directly owned U.S. corporate stock?
Who currently owns and controls 90% of directly owned U.S. corporate stock?
- Government and quasi-government agencies
- Money managers, pension funds or foundation bureaucrats
- The same top 10% of U.S. families (correct)
- Many people whose incomes depend on jobs and welfare
How will the U.S. economy finance the $2 trillion required each year to meet the nondefense capital requirements?
How will the U.S. economy finance the $2 trillion required each year to meet the nondefense capital requirements?
- By relying on foreign oil dollars
- By using exclusive dependency on the poor
- By acquiring expanded bank credit secured by future income (correct)
- By depending on the past savings accumulated by the rich
Who might own the new capital brought into existence to meet the needs for energy self-sufficiency, new communities, and new housing?
Who might own the new capital brought into existence to meet the needs for energy self-sufficiency, new communities, and new housing?
- Money managers, pension funds or foundation bureaucrats
- The same top 10% of U.S. families
- Many people whose incomes depend on jobs and welfare (correct)
- Government and quasi-government agencies
Why is it easier for wealthy individuals to increase their capital compared to the average American?
Why is it easier for wealthy individuals to increase their capital compared to the average American?
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What is one of the structural root causes mentioned in the text that contribute to the growing maldistribution of capital ownership?
What is one of the structural root causes mentioned in the text that contribute to the growing maldistribution of capital ownership?
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What is the main reason why the Federal Reserve System is mentioned in the text?
What is the main reason why the Federal Reserve System is mentioned in the text?
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Why do most people, especially the poor, have little or no hope to share profits from their own assets?
Why do most people, especially the poor, have little or no hope to share profits from their own assets?
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