I am not an economist but in the last few years I have been struck by the seemingly inherent flaws in neoclassical economies. It seems to me even with regulation of the debt centered mechanisms of this type of economy loopholes are consistently found that undermine the prosperity of the many for the few. I wanted to know if there are or have been any economic schools of thought which were/are based around an idea similar to corporations. An economy where there was a right to land and joint ownership between citizens of the country from birth. What I mean is where each family was entitled to a percentage of the countries national product and commodities .Say x% of the countries profit was split up among citizens. Just barely enough to live on but a chunk of the country split among everyone. Then when someone got a job they would have to invest in the company they worked for and from that point on would be employees/shareholders with annual dividends that would leave a comfortable cushion of assets and capital for the company. Government operations would be run the same way or by bids. People could invest any other money back into the company or another company or spend it. Savvy businessman would save and become majority shareholders and boards of directors would be voted in. The country would pay for infrastructure health care, education and guarantee initial investments in companies in case of bankruptcy before the employees/shareholders investment was returned through profits above the needed liquidity of the company which would count as needed capital and not profit. This idea seems similar to socialism except the people would own the country. The people would have to invest initial income in the company they work for, but after that was satisfied you could invest wherever you wanted. The state would own nothing everything would belong to the citizens who would reap the benefits of manufacturing and technology advancements. Average wages of all non governmental employees would be worked out to be the average wages of governmental service type corporations (or be tendered) who could then increase or decrease wages depending on efficiency like all other business. A ranged union wage would be figured out for all professions with a fairly close high end and low end wage. The main source of capitalism would be investment in companies thereby driving supply and demand. Tight accounting policies transparent to all shareholders to prevent any fraud with fairly stiff penalties for fraud would be enforced. The share of the country would be divided among families which should serve as a population control as once your kids grew up they would share your percentage of your equity in the country. I am just trying to think of a type of economy that is not so debt based and in my opinion actually is more capitalistic than say the current American system which to me has some strong traces of socialism inherently built into it by control of land. I see the fact that the country holds land as an artificial way to drive up property values and enable people to use real estate as a way to make money that should not necessarily be made using debt. I think that a population with a ownership stake in a country which could grow in prosperity (based on investment not debt) through technological, efficiency and manufacturing advancements as a whole. Where the government would not have any ownership rights only the people would. The governments role would be infrastructure justice legislation, education and taxes which would come directly from the businesses profit based on a sliding scale. Road work and other infrastructure would be tendered out and the best candidate would get the job as I see it most of this would be very similar to typical capitalism with a slant towards maybe a forced investment in your country through the company you work for in order to survive instead of a forced debt to someone? in order for the country to survive. Everything else working much like it does today in a capitalistic society except the government would not own anything the people would own it all. Even government officials could bid their jobs on a salary and the run there campaigns with their sticker value appearing with them in every advertisement so that people could choose the best valued representative. Has anyone heard of an economic system with the basic idea of being based on investment not debt and ownership of everything belonging to the people not their government representative? To me this would seem to be the ultimate capitalist type of democracy. Would it ever work?