Article by Charles Handy on the wealth of applied intelligence and how this concept can work through the model of Citizen's Income. Handy begins the article explaining how society is continually developing a large gap between rich and poor. He then states that a redistribution of property is possible to correct the inequality of capitalism, because the nature of property has changed. Handy identifies the new property as applied intelligence, creativity, and smartness, contending that the new wealth of the world will progressively originate from this new kind of property. Handy proceeds to note the positive aspect of this new property, as there is no limit, in theory, to the ideas, products, and services that could be created out of nothing. He then argues for the reconstruction of Citizen's Income as Citizen's Investment, allowing it to become the means whereby society realizes the potential of properties of intelligence. In this way, intellectual and creative capital is encouraged and permitted to flourish and therefore becomes something that automatically pays society back in dividends. Handy recommends a two-part bond on every individual's eighteenth birthday as the actual investment, it being comprised of an education bond and an apprenticeship bond.
Handy, Charles B Viewpoint pamphlets Paine, Thomas, 1737-1809 Intellectual capital
Source
Article by Charles Handy on the wealth of applied intelligence and how this concept can work through the model of Citizen's Income, 2000; Charles Handy Papers; Box 15, Folder 5; 2 pages
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