Kemp also censured the current welfare system, which he said perpetuates poverty.
"Somewhere between the elitist left and the elitist Social Darwinism [of the right] there has to be a better way of spreading ownership," he said.
He said the welfare systems is based on erroneous ideas about those receiving benefits: "that they're going to be perpetually poor, that they don't respond to rewards and that they don't want to improve their lot in life."
The current welfare laws, which discourage recipients from working or saving assets, must be changed, Kemp said.
"Welfare is designed for consumption, not accumulation of assets," he said. "The system has to be open to protecting the right of people to own property and get an accumulation of assets."
"If they can bring perestroika to downtown Moscow, don't you think we can bring it to Boston?" he added.