Our
current version of capitalism—the corporate, globalized version 2.0—is
rapidly squandering our shared inheritances. Now, Peter Barnes offers a
solution: protect the commons by giving it property rights and strong
institutional managers.

Barnes shows how capitalism—like a computer—is run by an operating
system. Our current operating system gives too much power to
profit-maximizing corporations that devour our commons and distribute
most of their profit to a sliver of the population. And
government—which in theory should defend our commons—is all too often a
tool of those very corporations.

Barnes proposes a revised operating system—Capitalism 3.0—that
protects the commons while preserving the many strengths of capitalism
as we know it. His major innovation is the commons trust—a market-based
entity with the power to limit use of scarce commons, charge rent, and
pay dividends to everyone.

Capitalism 3.0 offers a practical alternative to our current flawed
economic system. It points the way to a future in which we can retain
capitalism’s virtues while mitigating its vices.

http://www.capitalism3.com/

from Ninja Strike Force