Economic Theory - General & Miscellaneous, Property Law (Personal Property), Capitalism, Comparative Economics
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Overview
Capitalism now reigns triumphant—but in the process has created dramatic inequalities of wealth and left many individuals feeling disconnected. Backed by enthusiastic support from a wide array of legislators, corporate leaders, Nobel laureates, environmentalists, and social and political activists, The Ownership Solution shows how to humanize and localize free enterprise by using ownership as a means for engaging more people in its design.
Editorials
Library Journal
Gates, a lawyer, investment banker, and consultant, finds that although capitalism dominates world economies, it is flawed owing to great inequalities of wealth that are politically and socially unsustainable. What is to be done? More employee-owners must be created, Gates contends, to humanize the free-enterprise system. Earlier solutions, such as ESOP (employee stock option plans), did not catch on. Other approaches must be tried, such as coupling lower corporate taxes, allowing larger depletion allowances, and granting greater earned-income tax credits with broad-based employee ownership. The thrust of Gates's argument is blunted by loose organization and turgid writing. An optional purchase for public policy collections of academic libraries.Harry Frumerman, formerly with Hunter Coll., New YorkBook Details
Published
June 23, 1998
Publisher
Reading, Mass. : Addison-Wesley, c1998.
Pages
416
Format
Hardcover
ISBN
9780201328080