The Ownership Solution: Toward A Shared Capitalism For The Twenty-first Century - Hardcover

Gates, Jeff

Hardcover

ISBN 10: 0201328089 ISBN 13: 9780201328080

Publisher: Basic Books, 1998

Synopsis

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.

About this title

Review:

Capitalism may have taken over the bulk of the modern world, writes highly regarded government and industry consultant Jeff Gates, but in its current incarnation it has created such dramatic inequities of wealth and power that more individuals than ever now feel detached from its inherent benefits and distrustful of its potential goals. In his revolutionary new book, The Ownership Solution: Toward a Shared Capitalism for the 21st Century, Gates outlines a wide-ranging plan to reverse this increasingly universal condition--and the result is a specific blueprint that, he argues, could easily be adopted around the globe. After bluntly describing precisely how things got to be the way they are, he straightforwardly explains how they could be reengineered to provide broad-based prosperity and true security for the disenfranchised in the U.S. and elsewhere (such as Europe, China, Latin America, and South Africa). Based on the premise that "contemporary capitalism is not designed to create capitalists, but to finance capital," Gates shows how today's "institutionalized indifference to the common good" might be reversed by public and private effort so that people and communities can regain control over their fates and subsequently work together for everyone's improved economic vitality. --Howard Rothman

About the Author:

Jeff Gates is a lawyer, investment banker, political advisor, and consultant to government, union, and industry leaders worldwide. As counsel to the U.S. Senate Committee on Finance during the 1980s he was a leading fiture of the federal legislation encouraging employee stock ownership plans (ESOPs).

About this edition

• Publisher: Basic Books
• Publication date: 1998
• ISBN 10: 0201328089
• ISBN 13: 9780201328080
• Binding: Hardcover
• Edition number: 1
• Number of pages: 416