Publication: Investing for a property-owning democracy? Towards a philosophical analysis of investment practices
Investing for a property-owning democracy? Towards a philosophical analysis of investment practices
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Marti, E. (2013). Investing for a property-owning democracy? Towards a philosophical analysis of investment practices. Analyse & Kritik, 35(1), 219–236. https://doi.org/10.1515/auk-2013-0117
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In this paper I show why investment practices matter for a property-owning democracy (POD) and how political philosophers can analyse them. I begin by documenting how investment practices influence income distribution. Empirical research suggests that investments that force corporations to maximise shareholder value, which I refer to as ‘shareholder value investing’, increase income inequality. By contrast, there is evidence that socially responsible investing (SRI) could bring society closer to a POD. Following that, I sketch how fin
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- Marti, Emilio
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Marti, E. (2013). Investing for a property-owning democracy? Towards a philosophical analysis of investment practices. Analyse & Kritik, 35(1), 219–236. https://doi.org/10.1515/auk-2013-0117
