stewardship economy: private property without private ownership – book by julian pratt

What would it be like to live in a society that does not treat the land and the environment as things that can be owned in the same way as things that people have made?

 The steward of a part of the natural world has
  • the right of access – to use it in the way that they choose, within the constraints of any relevant regulations
  • the responsibility of care – to manage it responsibly and husband it for future generations, accepting liability for any damage done to it
  • the duty of compensation – to pay an annual fee, equal to its market rent, into a fund that is used to benefit everyone
  • ownership – in the conventional sense, of any buildings or other improvements.
A ‘stewardship economy’ is one in which the natural world is held in stewardship, while artefacts are held in ownership.
A stewardship economy the income from stewardship fees (for the use of land) may be used to substitute for conventional taxes as a source of revenue for the state; or distributed to the whole population as a Universal Income, an income (which may be age-related) paid to everybody unconditionally without means test or work requirement. The income from environmental charges is distributed on an equal per capita basis as an Environmental Dividend, or invested for the benefit of future generations.
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