Overview
Civil endowment is a breakthrough economic innovation for our shared future. The idea is both simple and profound: a decentralized system of permanent capital endowments, all invested for the common good of humanity.The urgent challenges of our times--wealth inequality, ecological decline, and social instability--demand a thorough rethinking of economics, both theoretically and practically. Building on a foundation of six basic economic virtues (generosity, ethics, non-aggression, diligence, focus, and wisdom), the author guides us toward a leap of insight into the nature of economic capital, and the potential for creating a new structural dimension for the world economy. Much of the book is devoted to the real-world implementation of the idea, including a detailed proposal for civil society governance of the endowment system. Anyone who aspires for positive system change in the economic realm will find this vision of civil endowment highly stimulating. It is both provocative and visionary in the realm of ideas, and an eminently practical and compelling call to action.
- | Author: David N. McCarthy
- | Publisher: Rinchen, Incorporated
- | Publication Date: Sep 22, 2015
- | Number of Pages: 222 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 0971455473
- | ISBN-13: 9780971455474
