The stakeholder society
By: Bruce Ackerman, Anne Alstott.
Contributors: Alstott, Anne, 1963-
Publisher: Yale University Press
Published: 1999
Place of publication: New Haven, Conn
Language: eng
Number of pages: 296
Subjects: Income distribution; Social justice; Welfare economics; Taxation; Tax incidence; Wealth
Description: "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 U.S. 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 2 percent on the property owned by the richest 40 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."--BOOK JACKET.
Notes: Includes bibliographical references (p. 275-287) and index.