If there is one thing which upsets people enmeshed in the fallacy Louis O. Kelso called “the slavery of [past] savings, it’s the systemic necessity of full dividend payout if Say’s Law of Markets is to be restored. In this article, Kelso recommended changes such as corporations paying out 100% of earnings as tax-deductible dividends.
Paying out all earnings would force corporations to compete in the market for new capital rather than retain earnings as reserves for expansion — concentrating ownership in fewer and fewer hands, distorting market equilibrium.
The audio-visual presentation was created in “Descript”, using an AI-generated voice for narration. Visit CESJ.org for more information.
CLICK ON THE LINKS, NOT THE PHOTO
You must click on the link below to get to the video, not on the photo.
The Case for 100% Dividend Payout
(The links right above are what you’re supposed to click on.)
And if you want the playlists for previous videos:
Economic Personalism (The Book)
Economic Personalism v. The Great Reset
Socialism, Modernism and the New Age
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