A really big idea

In his new book, Ours, Peter Barnes lays out a really big idea:

Universal property is a birthright belonging equally to all. It is a complement to private property, not a replacement. In one form or another, it represents the interests of future generations and all living persons together.

We need universal property because markets today are grievously out of balance. They consistently over-reward a small minority of wealth owners at the expense of the majority of humans and nature. Universal property would correct that imbalance and transform the way markets behave.

Read more about it here.