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The Stakeholder Society (Paperback, New Ed)
Loot Price: R1,251
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The Stakeholder Society (Paperback, New Ed)
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A quarter century of trickle-down economics has failed. Economic
inequality in the United States has dramatically increased. Many,
alas, seem resigned to this growing chasm between rich and poor.
But what would happen, ask Bruce Ackerman and Anne Alstott, if
America were to make good on its promise of equal opportunity by
granting every qualifying young adult a citizen's stake of eighty
thousand dollars? Ackerman and Alstott argue that every American
citizen has the right to share in the wealth accumulated by
preceding generations. The distribution of wealth is currently so
skewed that the stakeholding fund could be financed by an annual
tax of two percent on the property owned by the richest forty
percent of Americans. Ackerman and Alstott analyze their initiative
from moral, political, economic, legal, and human perspectives. By
summoning the political will to initiate stakeholding, they argue,
we can achieve a society that is more democratic, productive, and
free. Their simple but realistic plan would enhance each young
adultis real ability to shape his or her own future. It is, in
short, an idea that should be taken seriously by anyone concerned
with citizenship, welfare dependency, or social justice in America
today.
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