Barnes, Peter

Ours - The Case for - Universal Property

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ISBN 13:
9781509544837
author:
Barnes, Peter
format:
Paperback
publisher:
Polity Press
language:
English
Publication Year:
2021
Pages:
140
Dimensions:
19.6 x 12.7 x 1.5 centimetres (0
Genre:
Professional & Vocational, Nonfiction, Politics,
Condition:
New
Availability:
Item usually sent within 10 working days
£12.56

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 thought-provoking 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. 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 favor capital over everything else. By adding universal property to the current property mix, businesses could prosper while respecting nature's limits, and a large middle class could thrive. This concise book offers a compelling vision for a post-COVID world where economic growth is more equitable and sustainable.

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