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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.
- 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.
- Product Details
-
- ISBN
- 9781509544837
- Format
- Paperback
- Publisher
- Polity Press, (02 July 2021)
- Number of Pages
- 140
- Weight
- 181.44 grams
- Language
- English
- Dimensions
- 195.6 x 129.5 x 17.8 mm
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