Making Everyone a Capitalist By Democratizing the Financial Benefits Enjoyed By the Elite.

Senator Cory Booker (D-NJ), has proposed setting up each child with an American Opportunity Account that starts out with a $1,000 grant at birth. The government would contribute up to $2,000 a year after that.

Darrick Hamilton, professor of economics and urban policy at the New School, would provide every child a trust account that would average $20,000, with the...