His banks-negotiate-new-equity proposal is a shot in the dark.
Will not work, Nassim. And, not necessary.

He is absolutely correct that we need more equity in the economy, but he has not yet understood that it is the monetary system that needs that equity, and not banks or financial services marketers.

He is also correct that traditional economists of ALL political stripe have been denied the tool of monetary system reform, basically because this is NOT part of the curriculum at ANY of the country’s business schools.
Were it so, there would be a certain loss of the endowment.

The Chicago Plan for Monetary Reform.
Look it up, Nassim, and you are on your way.