SUPERSTOCK by Stuart M. Speiser


Email this review


Speiser's Utopian scheme for combining capitalist and collectivist theory to achieve equitable distribution of income while staving off societal chaos--presented in the form of a novel. Kerry Donovan, a 50-ish conglomerateur, having made his entrepreneurial mark, decides it's time to reform the system--structurally. So, with the bedroom/ boardroom assistance of honey-blonde economist Daffy Bainbridge, he devises the concept of Super-Stock: a sort of master mutual fund whose assets consist of the equity in America's 2,000-odd major corporations, all of which would be required to issue ""Superstock"" shares to all (on credit via government-backed loans). Goodbye, welfare; hello, evenly allocated wealth. And the novel's ""action"" mostly consists of dialogues with SuperStock critics--though eventually Kerry and Daffy must tangle with KGB agents before persuading the White House to support their cause. Plus, along the way: sermonettes on economics, history, the business-baiting Interfaith Center on Corporate Responsibility, risk-averse executives, and the Vatican. Awkward, silly fiction--and the Superstock scheme itself is never put across with much detail or attention to credibility. Still: pie-in-the-sky economics fans will find it a beguiling notion.

Pub Date: June 14th, 1982
Publisher: Everest