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Ours
The Case for Universal Property
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Ours
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
"How we can rewire private property to work for people, not corporations"--
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Description
We think our wealth today comes from productive corporations and workers, but they merely add icing to a cake baked long ago. In this provocative book, Peter Barnes argues that most of today's wealth is co-inherited from nature and past human efforts, not individually earned. If some of that co-inherited wealth were placed in trust for each of us, living and yet-to-be born – creating what Barnes calls universal property – capitalism would be fundamentally transformed.
As Barnes notes, capitalism as we know it has two tragic flaws: it relentlessly widens inequality and destroys nature. Both flaws are a result of one-sided property rights that favour capital over everything else. Adding universal property to the current property mix would create a market economy in which businesses prosper, nature’s limits are respected, and a large middle class thrives. This smart and concise book could set the agenda for a post-COVID world.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Ours has been praised for presenting an innovative, market-based approach to tackling inequality by advocating the fair management of collectively inherited wealth. Reviewers highlight its appeal across the political spectrum, recognising its proposal of a universal trust fund aimed at ensuring basic income security for all.
Book Details
INFORMATION
ISBN: 9781509544837
Publisher: John Wiley and Sons Ltd
Format: Paperback / softback
Date Published: 02 July 2021
Country: United Kingdom
Imprint: Polity Press
Audience: Professional and scholarly
DIMENSIONS
Spine width: 18.0mm
Width: 130.0mm
Height: 196.0mm
Weight: 181g
Pages: 140
About the Author
Peter Barnes is a socially responsible entrepreneur and writer about capitalism. His previous books include Who Owns the Sky?, Capitalism 3.0, and With Liberty and Dividends For All.
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