THE 3rd WAY: ECONOMIC REFORM or SOCIAL REVOLUTION the solution to income inequality... Building "Inclusive Capitalism" through Employee Ownership * HOW WEALTH IS CREATED *
Language: English
Published by CreateSpace Independent Publishing Platform, 2015
- Softcover
- New
Seller: California Books, Miami, FL, U.S.A.California Books
AbeBooks seller since October 27, 2023
Condition: New
£ 19.80
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand.
Seller Inventory # I-9781494254605
- Title
- THE 3rd WAY: ECONOMIC REFORM or SOCIAL REVOLUTION the solution to income inequality... Building "Inclusive Capitalism" through Employee Ownership * HOW WEALTH IS CREATED *
- Author
- Chivukula, Upendra; Musum, Veny W.
- Publisher
- CreateSpace Independent Publishing Platform
- Publication year
- 2015
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1494254603
- ISBN 13
- 9781494254605
Now the middle class is in crisis. Median wages adjusted for inflation have decreased steadily for decades. The middle class is simply not sharing in the nation's capital centered economic growth.
Widespread current discontent is destined to lead to serious unrest unless we promptly put the correct solutions in place.
The knee-jerk reaction is to blame the rich, the banks, and large corporations, resulting in plenty of anger and resentment, yet offering few practical solutions. Playing the blame game overlooks the root cause of the problem, which is structural in nature: American capitalism does not have enough wealth-making capitalists.
Exponential advances in technology relentlessly exacerbate the ever widening chasm between the productive power of capital vs. labor. An innovative system to re-link these fundamental forces must be expeditiously ordained to equitably share the capitalist blessings of wealth and avert a looming social calamity.
"Inclusive" capitalism would change the playing field by offering significant tax incentives to corporations willing to establish employee stock ownership plans (ESOPs), allowing employees to acquire capital shares without depleting their own savings. Stock holdings would provide the middle and lower classes with what they so desperately need: income capital in ADDITION to earnings via their labor.
Co-authors Veny W. Musum and Upendra Chivukula offer a bipartisan exploration of employee ownership, its history, how ESOPs work, and the simple, common sense policies Americans must demand the government implement for this PROVEN wealth building system to grow exponentially. Thousands of small closely-held business and large, publically-traded corporations use employee stock ownership plans successfully, benefitting millions of employees. It's time for both individuals and governments to understand the importance of embracing “inclusive capitalism” and economic democracy on an aggressive national and international scale.
"Synopsis" may belong to another edition of this title.
About the Author
Prior to that, Democrat Upendra Chivukula served as the Deputy Speaker of the New Jersey Assembly, and represented the 17th Legislative District. He was the first South-Asian representative in the state's history.
Born in Nellore, India, Chivukula came to the United States in 1975. He holds a masters degree in electronic engineering, and is one of the New Jersey Legislative's leading experts on science and technology. He co-chairs the Energy Task Force for the Council of State Governments.
Republican Veny W. Musum began his career in corporate America as a district manager for Clairol, managing the top sales district in the country. He moved on to John Paul Mitchell Systems in Beverly Hills and quickly rose to become the company's longest-running senior vice president.
Presently a Guest Lecturer at Rutgers University, Musum enjoys imparting to their students his firsthand expertise and the significance of acquiring income producing capital.
Musum's involvement in local and state government includes serving on New Jersey's Property Tax Commission, co-chairing a subcommittee on regionalization and efficiency, and serving multiple times on the Bernards Township Republican County Committee.
"About the title" may belong to another edition of this title.
California Books
Miami, FL, U.S.A.
AbeBooks seller since October 27, 2023
Shipping rates within U.S.A.
| Item | 3 to 7 business days | 2 to 5 business days |
|---|---|---|
| First item | £ 0.00 | £ 8.87 |
Payment methods
Store description
We have 20 years experience selling books worldwide! Friendly customer support. Your satisfaction guaranteed!
Specialty
All authorized categoriesSeller's business information
Miramar International Services LLC
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to California Books, Fort Wayne, Indiana, U.S.A., without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.