Thread by @MebFaber

You hear a lot on fintwit about trying to increase equity ownership for all Americans...phrases like:

Pay Me In Equity
Freedom Dividend
Ownership Economy
Inclusive Capitalism
American Owned

What org or company is making the most progress here?

We have @packyM talking about "American Owned"

"We need to make America the place where everyone is an owner, and everyone acts like an owner. We need to make it the place where hard work and risk taking are applauded and rewarded."

notboring.co/p/ownership-an…

@ritholtz and others talk at length about the concept of the "Baby Bond" (though I think it needs to be tied to equity instead of debt)...

(And @RobertJShiller talks about GDP bonds which could be an interesting innovation...)

project-syndicate.org/commentary/the…

Here's me on the "Freedom Dividend"

"84% of stocks are owned by the wealthiest 10% of American households. And over half of all Americans own zero stocks.

This needs to change."

mebfaber.com/2020/12/07/how…

Brad at @altcap chatted with @jason about #InvestAmerica....

https://twitter.com/altcap/status/1347454947583950849?s=20&t=vKr9Y37SC-YiTTwWM2cWuA

@SavvyInvestorPM & others have some innovative ideas...

Obviously I think education is a major no brainer, and lots of orgs like @TRanzetta and @CouncilEconEd are doing great work...as is @NdamukongSuh

https://twitter.com/NdamukongSuh/status/1441378951109115907?s=20&t=BqWBY3OgDfyI7POHD9odLQ

But education should be table stakes...nothing speaks as clearly as a compounding dollar does...

Non-profit philanthropy is great but startups making great progress too, as Packy said in his article "fight capitalism with capitalism."

Shout to a few cool companies:

@mainstreet
@yottasavings
@humaninteresthq
@possiblefinance
@alto_ira
@grifinapp
@albertapp
@helloresolve

Here's @DasarteYarnway on "Pay me in Equity"

amzn.to/3B8US3C

& @Beyonce with the soundtrack

Would love to see some actual legislation or progress here...tag or respond here with a link to a person, congress member, company, or non-profit org doing great work and we'll have them on the podcast!