Stewardship Economy 1: Private property without private ownership - Paperback

by Julian Pratt (Author)

Stewardship Economy questions one of the foundations of market-based economies, the system of property rights, and proposes an alternative - stewardship. The steward of any part of land and other natural resources has a duty to care for that resource and pays a fee to government equal to its market rent. The revenue from these fees will, in time, replace all conventional taxes and provide a universal income.