Professor of philosophy resigns post at the University of Alabama at Huntsville in protest of the school’s inadequate COVID-19 health and safety measures.
Bo Rothstein
History shows us nothing is forever. Sooner or later, most social systems bite their tails. The saying that each system contains the seeds of its own downfall seems quite true. Perhaps this is now the case with the system we have come to call capitalism which can be understood as meaning that those who own the capital used in production also hold power over companies.
The Swedish Companies Act, for example, stipulates that those who sit on the board of a company must only have the interests of the owners in mind. This ownership interest is then superior to the consumer, employee and general interest. For this to work, of course, one thing is required that there be owners. And it must also be possible to affirm, for those who represent them on the board, what the interests of these owners are.
Common Wealth Dividends
Draws attention to the resource curse as a problem and dividends as a solution
Offers a general theory of common wealth dividends, encompassing both those based on natural commons and those based on man-made commons see more benefits
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Common wealth dividends are universal cash payments funded by fees on the private use of common resources like land, minerals, and the atmosphere as a carbon sink. Thomas Paine’s 1797 pamphlet
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