(2021-02-05) The Mutualist Economy A New Deal For Ownership Ideas Berggruen Institute

The Mutualist Economy: A New Deal for Ownership - Ideas - Berggruen Institute. Tracing how federal government policies have worked to support personal and public wealth building across three periods: the First Industrial Revolution of the mid-19th century, the Second Industrial Revolution of the early 20th century, and the Information and Communication Technology revolution of the late-20th century.

This new social contract will move beyond the welfare state’s focus on insurance toward a more radical notion of shared ownership of returns on capital via universal individual capital endowments and new public investment channels that control shares in firms and intellectual property.