The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be.

Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?

The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.

Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

The uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.

The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be.

The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.