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The stakeholder society

Pages
296
Published
1999
Language
English

Synopsis

Bruce Ackerman and Anne Alstott propose a radical idea: granting every young adult an $80,000 'citizen's stake' to ensure equal opportunity. They argue this fund could be financed by a 2% annual tax on the wealthiest 40% of Americans. The authors explore the moral, political, economic, legal, and human implications of this initiative, suggesting it could lead to a more democratic, productive, and free society.

Frequently asked questions

  • What is the central policy proposal of The Stakeholder Society?

    The book proposes a system where every young adult receives a substantial capital grant, referred to as a 'citizen's stake,' to promote economic equality and opportunity. This grant is intended to be financed through a wealth tax.

  • How does this book relate to other works on social welfare or economic policy?

    The Stakeholder Society is a foundational text in discussions around universal basic capital and wealth redistribution, often cited in debates about progressive economic policies and social justice. It offers a detailed theoretical and practical framework for implementing such a system.