RadicalxChange
"Partial common ownership is a new way of managing assets more fairly and efficiently than under capitalism or communism. Partial common ownership moves us beyond the traditionally narrow and rigid conception of absolute property rights, to a middle-point between rent and ownership. An asset’s current possessor must self-assess and declare its value. Based on the self-assessed value, they pay a fee, which can be used to fund public goods or distributed as a social dividend. If somebody bids more for that asset, current possessors sell it for their self-assessed value, resulting in more public benefits."
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