HJI Int'l Conference: Session VII - Economic Democracy as an Essential Component of Positive Peace

Session VII - Economic Democracy as an Essential Component of Positive Peace
This session will advocate for “economic democracy” (shared economic power) as an essential counterpart to a stable and lasting political democracy (shared political power).
Wealth generated by the continuous flourishing of the U.S. economy has resulted in a massive and unprecedented concentration of economic power. With the advent of AI, the consensus of economists is that wealth concentration in the U.S. will continue to increase.
Is it possible for our free market economic system to generate a broader distribution of wealth gains without resorting to political redistribution schemes and with less reliance on government deficit spending? This panel will introduce a rigorous proposal for broader distribution of capital ownership based on Louis Kelso’s theories of “binary economics.”
• Moderator: Mr. James B. Edgerly, Director, Higher Purpose Forum; Doctoral Student, HJI
• Background on Louis Kelso and His New Paradigm: Mr. Alan Jessen, Director, International Association for Peace and Economic Development, U.S.
• More Inclusive Capitalism by Democratizing Capital Acquisition: Dr. Robert Ashford, Professor of Law, Syracuse University
• Comments on the Money System: Norman G. Kurland, J.D., President, Center for Economic and Social Justice
• Louis Kelso's “Just Third Way” to Economic Democracy: Ms. Dawn Brohawn, Communications Director, Center for Economic and Social Justice