Limits to property.The failure of restrictive property regimes in the modern world
Why does property matter? Simply because it is a matter of life and death. The global economy keeps growing but, in climate change, it is meeting natural limits. The gap between rich and poor within and between countries keeps growing too, undermining social stability and making the world a less safe place. Increasingly restrictive property regimes are a mirror image of the growing gaps between rich and poor, both within and between countries. This report argues that our approach to who owns what, lies behind these problems, and that a new attitude is needed to how property is claimed and then shared around the world.