1958 The Capitalist Manifesto by Louis Kelso 1st Edition Financial History Book

The Capitalist Manifesto

By Louis O. Kelso and Mortimer J. Adler

Published by Random House: New York 1958 1st Edition

"The Capitalist Manifesto is a 1958 book by Louis O. Kelso, a lawyer-economist and Employee Stock Ownership Plan (ESOP) inventor, and Mortimer J. Adler, a neo-Thomist philosopher. Kelso and Adler detail the three principles of economic justice, Participation, Distribution, and Limitation. These principles laid the foundation of what eventually came to be called binary economics. The term "binary" comes from attributing all production (participation) and just distribution of income to two factors, the human, classified as labor, and the non-human, classified as capital. In the Preface, Adler acknowledged Kelso as the originator of the theory."

General wear and some chipping to dust jacket as shown. There are no inscriptions. Pages are unmarked and in very good order. A nice, 1st edition copy in good condition overall. Please study photos to understand condition. Happy to provide more photos on request.