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Citizens' Wealth
In 2006, Chile teemed with protesters after finance minister Andrés Velasco invested budget surpluses from the nation’s historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile’s government was able to stimulate recovery by drawing on the funds. State-owned investment vehicles that hold public funds in a wide range of assets, Sovereign Wealth Funds enable governments to access an unprecedented degree of wealth. Consequently, more countries are seeking to establish them. Looking at Chile, China, Australia, Singapore, and numerous other examples, including a comparative analysis of Britain and Norway’s use of oil revenues, Angela Cummine tackles the key ethical questions surrounding their use, including: To whom does the wealth belong? How should the funds be managed, invested, and distributed? With sovereign funds—and media attention—continuing to grow, this is an invaluable look at a hotly debated economic issue.
Exporting the Alaska Model
This timely book examines how the "Alaska model" can be adapted for use elsewhere, examining issues of implementation and showing that this model can be employed even in resource-poor areas in the industrialized and in the industrializing world.
Finding Oneself in the Other
This is the second of three volumes of posthumously collected writings of G. A. Cohen, who was one of the leading, and most progressive, figures in contemporary political philosophy. This volume brings together some of Cohen's most personal philosophical and nonphilosophical essays, many of them previously unpublished. Rich in first-person narration, insight, and humor, these pieces vividly demonstrate why Thomas Nagel described Cohen as a "wonderful raconteur.? The nonphilosophical highlight of the book is Cohen's remarkable account of his first trip to India, which includes unforgettable vignettes of encounters with strangers and reflections on poverty and begging. Other biographical piece...
Common Wealth Dividends
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 Agrarian Justice and Alaska’s Permanent Fund Dividend are staples in the literature on Basic Income, but there is much more to common wealth dividends beyond these highlights, and common wealth dividends have a distinctive ethical justification and distinctive policy implications that merit discussion. This monograph, the most comprehensive study of common wealth dividends to date, will be of interest to students, teachers, and advocates of Basic Income and those in the field of environmental studies, including sustainable development, natural resource management, and climate policy.
Out of the Wreckage
Today, our lives are dominated by an ideology of extreme competition and individualism. It misrepresents human nature, destroying hope and common purpose. But we cannot replace it without a positive vision, one that reengages people in politics and lights a path to a better world. Urgent and passionate, George Monbiot shows how new findings in psychology, neuroscience and evolutionary biology cast humans in a radically different light: as the supreme altruists and cooperators. He shows how both democracy and economic life can be radically reorganised from the bottom up, enabling us to take back control and overthrow the forces that have thwarted our ambitions for a better society. Out of the Wreckage explains just how communities can be rebuilt with the help of a new "politics of belonging".
Reinventing the Sheikhdom
Though the Arab Spring has reverberated through the Middle East, largely leaving a path of destruction, the relative calm in the United Arab Emirates has offered a regional roadmap for stability. Domestic changes since 2000 have significantly altered the country's dynamics, firmly cementing power within Abu Dhabi. While Khalifa bin Zayed succeeded his father as emir of Abu Dhabi and UAE president in 2004, the Emirates' evolution has largely been accredited to Abu Dhabi's crown prince, Mohammed bin Zayed. His reign has been characterized by the rise of the security apparatus and a micromanaged approach to governance. Mohammed bin Zayed's strategy of fortification has focused on pre-empting th...
Get Conscious
In ancient times, most people believed that if you travelled far enough to the edge of the world, you would fall off. This was a mirage that limited their lives. Today, the mirage that we all live by is the idea that ‘I will be happy when…’ I will be happy when I am married! I will be happy when I leave my job! I will be happy when I am rich! I will be happy when I am on holidays! This belief leads to us over-thinking and over-analyzing all the ways that we might be happier at some point in the future. But what if happiness is the wrong aim? What if happiness is like the horizon: an imaginary line that seems real until we start to chase it? In this book, Ali Walker shows that instead o...
Strategic Investment Funds
Strategic investment funds (SIFs) have gained prominence over the past two decades as governments and other public sponsors globally have increasingly co-opted the investment fund model to further policy objectives. Since 2000, more than 30 SIFs have been formed at the national level, typically to boost economic growth through infrastructure or small and medium enterprise investment. In the current COVID-19 pandemic environment, governments have frequently turned to sovereign investment vehicles to address the economic effects of the pandemic, echoing the emergence of new SIFs in the aftermath of the global financial crisis. However, SIFs are not devoid of challenges, and the setup and opera...
A Sharing Economy
A Sharing Economy proposes radical new ways to close the UK’s growing income gap and spread social opportunities. A new social wealth fund would boost economic and social investment and simultaneously strengthen the public finances and offer a powerful antidote to austerity.
Inventing the Market
Inventing the Market explores two paradigms of the market in the thought of Adam Smith and G.W.F. Hegel, bridging the gap between economics and philosophy, it shows that both disciplines can profit from a broader, more historically situated approach to the market.
