Pluralist commonwealth

The term pluralist commonwealth refers to a systemic model of wealth democratization supported and facilitated by a variety of different institutional forms. Political economist and historian Gar Alperovitz is generally credited for the development this model as a way to resolve socio-economic problems associated with corporate capitalism and traditional state socialism.[1][2][3] Expanding upon proposals that focus more narrowly on state- versus worker-ownership or state- versus self-managed enterprises, this "pluralist" approach involves large-scale public ownership of corporate equity, worker-owned and community-benefitting enterprises, Community Development Corporations, nonprofit corporations and enterprising state and local public agencies.[4][5][6] According to Waheed Hussain: "A pluralist commonwealth is a free-market society in which the economic returns on productive assets improve the lives of large communities of individuals, rather than a narrow elite." [7]

Notes

  1. ↑ Alperovitz, Gar. "The Pluralist Commonwealth". http://www.pluralistcommonwealth.org/. The Democracy Collaborative. Retrieved 2014-08-14.
  2. ↑ Alperovitz, Gar (May 1, 2013). What Then Must We Do?: Straight Talk about the Next American Revolution (1st ed.). 85 North Main Street, Suite 120, White River Junction, VT 05001: Chelsea Green Publishing. p. 145. ISBN 1603585044.
  3. ↑ O'Neill, Martin; Williamson, Thad (Mar 3, 2014). Property-Owning Democracy: Rawls and Beyond. 5521 Research Park Drive, Suite 200, Catonsville, MD 21228: Wiley-Blackwell. p. 269. ISBN 1444334107.
  4. ↑ Alperovitz, Gar. "The Pluralist Commonwealth". http://www.pluralistcommonwealth.org/. The Democracy Collaborative. Retrieved 2014-08-14.
  5. ↑ Alperovitz, Gar; Speth, Gustave (Nov 9, 2011). America Beyond Capitalism: Reclaiming Our Wealth, Our Liberty, and Our Democracy (2nd ed.). 6930 Carroll Ave., Suite 501, Takoma Park, MD 20912: Democracy Collaborative Press. pp. 70–77. ISBN 0984785701.
  6. ↑ Garnett Jr, Robert F; Olsen, Erik; Starr, Martha (November 10, 2013). Economic Pluralism. 270 Madison Ave., New York, NY 10016: Routledge. p. 8. ISBN 0415747414.
  7. ↑ Hussain, Waheed (2006). "The Limits of a Pluralist Commonwealth". The Good Society (Penn State University Press) 15 (3): 37–44.

References

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