Capital Credit and Citizenship

Capital Credit and Citizenship

• Most people live from paycheck to paycheck, lacking adequate savings to acquire income-producing property.
• Intelligent use of productive credit can enable citizens to acquire an income-producing property stake.
• Credit is a social creation that exists in societies organized to protect contracts and property rights.

Productive Credit as a Human Right

• Capital credit is considered a "common good" that should be accessible to all as a fundamental human right.
• Equal access to productive credit enables "have-nots" to become "haves".

Employee Stock Ownership Plan (ESOP)

• ESOP provides widespread and systematic access to capital credit for each employee in a participating company.
• ESOPs allow employees to gain a voice in corporate governance and a source of ownership financing without reducing their paychecks or savings.
• ESOP loans are based on the company's credit, with repayment expected from future profits.

Other Credit-Diffusing Tools

• Beyond ESOPs, other tools can open up ownership and profit-sharing opportunities for various groups, including consumers, residents, teachers, farm families, homemakers, and more.

Vehicles for Universalizing Access to Capital Credit and Ownership

• Capital Ownership Accounts (COAs) create equal access to capital credit for every citizen to become a citizen-owner.
• Citizens Land Development Cooperatives (CLDCs) enable residents to gain an ownership stake in land development.
• Homeowners Equity Corporations (HECs) help homeowners save their homes through a lease-to-own arrangement.
• Consumer Stock Ownership Plans (CSOPs) enable customers to acquire an ownership stake in utilities.
• Ownership Unions educate and organize citizen-owners to exercise their full ownership rights, powers, and responsibilities.

Capital Credit and Citizenship

• Most people live from paycheck to paycheck, lacking adequate savings to acquire income-producing property.
• Intelligent use of productive credit can enable citizens to acquire an income-producing property stake.
• Credit is a social creation that exists in societies organized to protect contracts and property rights.

Productive Credit as a Human Right

• Capital credit is considered a "common good" that should be accessible to all as a fundamental human right.
• Equal access to productive credit enables "have-nots" to become "haves".

Employee Stock Ownership Plan (ESOP)

• ESOP provides widespread and systematic access to capital credit for each employee in a participating company.
• ESOPs allow employees to gain a voice in corporate governance and a source of ownership financing without reducing their paychecks or savings.
• ESOP loans are based on the company's credit, with repayment expected from future profits.

Other Credit-Diffusing Tools

• Beyond ESOPs, other tools can open up ownership and profit-sharing opportunities for various groups, including consumers, residents, teachers, farm families, homemakers, and more.

Vehicles for Universalizing Access to Capital Credit and Ownership

• Capital Ownership Accounts (COAs) create equal access to capital credit for every citizen to become a citizen-owner.
• Citizens Land Development Cooperatives (CLDCs) enable residents to gain an ownership stake in land development.
• Homeowners Equity Corporations (HECs) help homeowners save their homes through a lease-to-own arrangement.
• Consumer Stock Ownership Plans (CSOPs) enable customers to acquire an ownership stake in utilities.
• Ownership Unions educate and organize citizen-owners to exercise their full ownership rights, powers, and responsibilities.