The Stakeholder Society

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Yale University Press, 2000 - Business & Economics - 296 pages
2 Reviews
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
  

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The stakeholder society

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Yale law professors Ackerman and Alstott propose that a number of existing governmental aid programs be replaced by two new ones. First, an $80,000 "stake" would be provided to citizens when they ... Read full review

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This book inspired me to consider problems from an opposite set of circumstances. For example, the authors suggest that rather than wait to give social security at older ages we might offer high school grads a bolus of money as a social stake at the beginning of their adult careers. Some might choose to go to college with that money, many probably would test out other ways to leverage the stake. 

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
Taxing Privilege
155
Ideals
181
Alternatives
197
Funding the Stakeholder Society
219
Notes
231
Bibliography
275
Index
289
Copyright

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About the author (2000)

Bruce Ackerman is Sterling Professor of Law and Political Science, Yale University, and the author or coauthor of more than fifteen books on political philosophy, constitutional law, and public policy, including "Social Justice in the Liberal State, The Stakeholder Society, "and" Deliberation Day," all published by Yale University Press.

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