The Stakeholder Society

Paperback | April 10, 2000

byBruce Ackerman, Anne Alstott

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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 adultís 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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From Our Editors

As the gap between wealthy and poor continues to widen, Bruce Ackerman and Anne Alstott present a revolutionary idea for bridging the divide. Although giving every qualified adult an $80,000 grant may appear extreme and fiscally foolhardy, the authors present lucid and viable reasons why this bold and innovative plan would not only...

From the Publisher

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 ever...

Format:PaperbackDimensions:320 pages, 8.25 × 5.5 × 0.68 inPublished:April 10, 2000Publisher:Yale University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0300082606

ISBN - 13:9780300082609

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From Our Editors

As the gap between wealthy and poor continues to widen, Bruce Ackerman and Anne Alstott present a revolutionary idea for bridging the divide. Although giving every qualified adult an $80,000 grant may appear extreme and fiscally foolhardy, the authors present lucid and viable reasons why this bold and innovative plan would not only work, but be a gateway to a more liberal, productive and representative society. Innovative in its bold simplicity, The Stakeholder Society is a rare example of a book that could change society for the better.