= movement that wants to reconcile capitalism and socialism by making everybody an owner, using automation to eliminate work
" Peoples' Capitalism
is a plan to create a new social order in which material prosperity and personal financial security would be commonplace. Peoples' Capitalism would generate the savings and loans necessary to finance massive new investments in modern technology and generate rapid productivity growth. And it would distribute the benefits of rapid economic growth to all. Everyone would become a capitalist.
Everyone would own a share of the means of production. This has been called one of the great seminal ideas that comes along only once in a century. It resolves the basic conflict between capitalism and socialism. Upon understanding it, you will no longer believe that Utopia is beyond our grasp."