The Stakeholder SocietyMust 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 |
Contents
Your Stake in America | 1 |
Citizen Stakeholding | 21 |
The Stake in Context | 45 |
Profiles in Freedom | 65 |
Payback Time | 77 |
Taxing Wealth | 94 |
The Limits of Growthand Other Objections | 113 |
From Worker to Citizen | 129 |
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Common terms and phrases
aged twenty-five allow Americans annual assets average basic income benefits Bill and Brenda billion catalytic reform Census Chap child citizen's pension citizens claim cost decisions earnings eighty thousand dollars eighty-thousand-dollar elderly equal opportunity exemption federal finance freedom future gain GI Bill gift tax gifts graduates high school income tax individual inequality initiative insurance analogy investment Joan less liberal libertarian lives married couple Medicare moral moral hazard myopia OECD old age parents payback obligation payment payroll tax percent Phelps political privilege bracket privilege tax problem proposal question raise receive require responsible retirement revenue rich Social Security Social Security Administration spend stake stakeholding fund stakeholding society taxation taxpayers tion trusteeship tax tuition twenty-one U.S. Bureau U.S. Department U.S. House wages wealth tax welfare women workers young adults
References to this book
Beyond the Welfare State?: The New Political Economy of Welfare Chris Pierson No preview available - 2006 |