Ours The Case for Universal Property 1st Edition
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Ours The Case for Universal Property 1st Edition

SKU: 9781509544844

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Additional information

Full Title

Ours The Case for Universal Property 1st Edition
Author(s)

Peter Barnes
Edition

1st Edition
ISBN

9781509544844, 9781509544820, 9781509544837
Publisher

Polity
Format

PDF and EPUB

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 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.

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