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More about Ours - The Case for Universal Property

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Book synopsis

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 favor 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 details

• Full title: Ours - The Case for Universal Property
• Author: Peter Barnes
• Language: English
• Binding: Paperback
• Number of pages: 140
• EAN: 9781509544837
• ISBN: 1509544836
• ID: 33411618
• Publisher: Polity Press
• Weight: 202 g
• Dimensions: 129 × 196 × 16 mm
• Date of publishing: 02. July 2021

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