The Stakeholder Society

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9780300082609: The Stakeholder Society
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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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The main obstacle that many young people face in building their future is a lack of initial resources. Now here's a radical idea--what if every United States citizen with a high school diploma was guaranteed, on their 21st birthday, $80,000, no strings attached? Bruce Ackerman and Anne Alstott believe it's a doable scheme to ensure that every American will get "a fair share of the nation's resources as they accept the full responsibilities of adult life." The Stakeholder Society lays out the basic principles of their plan and rebuts potential objections. No, it's not a gift--you have to pay it back, if you can, towards the end of your life. Yes, some people will use their stake unwisely--but the authors argue that freedom is better served by having the opportunity to make mistakes than by never getting a chance to move forward. They are also careful to point out that, ultimately, the stakeholder system is not so much a full frontal assault on poverty as it is a citizen-building program, helping people feel like a valued part of U.S. society and making it easier for them to contribute to that society's success. "If America drifts away from the promise of equal opportunity," the authors warn, "it is not because practical steps are unavailable, but because we have lost our way." Whether The Stakeholder Society contains those "practical steps" is a matter that should be considered very attentively by policymakers and all citizens concerned with the fate of the United States in the 21st century. --Ron Hogan

About the Author:

Bruce Ackerman is Sterling Professor of Law and Political Science at Yale Law School. Anne Alstott is professor of law at Yale Law School.

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Bruce A. Ackerman, Anne Alstott
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Book Description Yale University Press, United States, 2000. Paperback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Must we resign ourselves to a growing chasm between rich and poor? Bruce Ackerman and Anne Alstott propose an innovative alternative in this thought-provoking book: an eighty thousand dollar grant for every qualifying young adult. The authors analyze this plan from many perspectives and argue that such a citizen s stake would open the way to a society that is more democratic, productive, and free. A serious, smart book, which also functions as a cogent critique of the inequality of opportunity that has become a given in modern America. -New Yorker A Big New Idea so bold in its simplicity, so pure in its claims to justice, . . . that the only shock is that it is certain to get a hearing as the fight to fix Social Security heats up this year. -Matthew Miller, New York Times Magazine The new century needs political and social innovation even more than it needs business innovation. The authors have done well what intellectuals are supposed, but are seldom bold enough, to do-innovate ideas about important social issues. -Jack Beatty, Atlantic Monthly A big idea like this is significant because it can reframe the public debate. It can change the prevailing assumptions. Eventually, it can change the course of the nation. -Robert Reich, Former Secretary of Labor, Washington Post. Seller Inventory # AAV9780300082609

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Book Description Yale University Press, United States, 2000. Paperback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Must we resign ourselves to a growing chasm between rich and poor? Bruce Ackerman and Anne Alstott propose an innovative alternative in this thought-provoking book: an eighty thousand dollar grant for every qualifying young adult. The authors analyze this plan from many perspectives and argue that such a citizen s stake would open the way to a society that is more democratic, productive, and free. A serious, smart book, which also functions as a cogent critique of the inequality of opportunity that has become a given in modern America. -New Yorker A Big New Idea so bold in its simplicity, so pure in its claims to justice, . . . that the only shock is that it is certain to get a hearing as the fight to fix Social Security heats up this year. -Matthew Miller, New York Times Magazine The new century needs political and social innovation even more than it needs business innovation. The authors have done well what intellectuals are supposed, but are seldom bold enough, to do-innovate ideas about important social issues. -Jack Beatty, Atlantic Monthly A big idea like this is significant because it can reframe the public debate. It can change the prevailing assumptions. Eventually, it can change the course of the nation. -Robert Reich, Former Secretary of Labor, Washington Post. Seller Inventory # AAV9780300082609

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Book Description Yale University Press. Paperback. Condition: New. 320 pages. Dimensions: 8.2in. x 5.6in. x 1.0in.Must we resign ourselves to a growing chasm between rich and poor Bruce Ackerman and Anne Alstott propose an innovative alternative in this thought-provoking book: an eighty thousand dollar grant for every qualifying young adult. The authors analyze this plan from many perspectives and argue that such a citizens stake would open the way to a society that is more democratic, productive, and free. A serious, smart book, which also functions as a cogent critique of the inequality of opportunity that has become a given in modern America. -New Yorker A Big New Idea so bold in its simplicity, so pure in its claims to justice, . . . that the only shock is that it is certain to get a hearing as the fight to fix Social Security heats up this year. -Matthew Miller, New York Times Magazine The new century needs political and social innovation even more than it needs business innovation. The authors have done well what intellectuals are supposed, but are seldom bold enough, to do-innovate ideas about important social issues. -Jack Beatty, Atlantic Monthly A big idea like this is significant because it can reframe the public debate. It can change the prevailing assumptions. Eventually, it can change the course of the nation. -Robert Reich, Former Secretary of Labor, Washington Post This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Seller Inventory # 9780300082609

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