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Owning Our Future
Marjorie Kelly | Collins Buisness | Rs 350

Most of the great political struggles can be reduced to simple question: who will own land, water and other essentials of living – and to what end? Both capitalism and socialism/communism support concentration of the power of ownership in the hands of an oligarchy. Marjorie introduces us to a mixed-ownership pattern as a way to the future.  She calls it ‘generative ownership’. This ownership is mostly private, but its purpose is to serve public good. To support her argument she provides examples of various ‘generative’ initiatives across the world, from community-owned wind facility in Massachusetts to foundation-owned pharma company in Denmark and a farmer-owned dairy in Wisconsin. Read to find out what makes these models work.

(The above review appeared in the Saturday edition of the Mail Today, New Delhi, dated 1 September 2012)

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