Citizen Capitalism: How a Universal Fund Can Provide Influence and Income to All

Citizen Capitalism: How a Universal Fund Can Provide Influence and Income to All


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Product Details

ISBN-13: 9781523095650
Publisher: Berrett-Koehler Publishers
Publication date: 01/29/2019
Pages: 144
Sales rank: 816,484
Product dimensions: 5.40(w) x 8.40(h) x 0.60(d)

About the Author

Lynn Stout was the Distinguished Professor of Corporate and Business Law at the Jack G. Clarke Business Law Institute at Cornell Law School. She was the author of Cultivating Conscience: How Good Laws Make Good People and the award-winning book, The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public.

Sergio Gramitto is a Visiting Assistant Professor at Cornell Law School, where he also serves as the Assistant Director of the Clarke Program on Corporations and Society.

Tamara Belinfanti is a Professor of Law at New York Law School. Along with Lynn Stout, she co-founded the Ethical Shareholder Initiative, a nonprofit that seeks to revolutionize share voting to create a more sustainable corporate system.

Table of Contents

Preface xi

Introduction: What If? 1

Chapter 1 Lost Opportunity 13

Chapter 2 Short-Termism and Corporate Governance 27

Chapter 3 Introducing the Universal Fund 49

Chapter 4 The Private Money Is There 61

Chapter 5 How Citizen Capitalism Unleashes Corporations' Positive Power 75

Chapter 6 How Citizen Capitalism Embraces Capitalist Principles 85

Chapter 7 How Citizen Capitalism Mirrors American Values 97

Chapter 8 How Citizen Capitalism Promotes Equality 107

Chapter 9 How Citizen Capitalism Compares to Other Proposals 119

Chapter 10 Why Not? 127

Conclusion: What Next? 131

Notes 135

Acknowledgments 155

Index 159

About the Authors 165

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