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Defining an Ownership Society - Essay Example

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Since the author bases his argument on a number of advantages offered by the proposed model, he uses a number of examples as well. The case of Britain during the rule of Margaret Thatcher is cited, when nearly 1.5 million public housing units were converted into private homes, to demonstrate the feasibility of the plan on a large scale. Other intangible benefits envisioned by the British administration are also stated. In addition, in order to emphasize the personal benefits, tax calculations on the average American income is carried out to reveal the significant amount of savings which can be used to invest in various avenues. The ripple effect of such investment on the economy is also noted. The degree of increased freedom with respect to education, advances in society with respect to responsibility and even benefits to the environment is observed. To illustrate this, the case of Eastern European economies, where the social culture is somewhat similar to the western countries, is taken into account. The essay deals with a very controversial topic which has a number of implications on various subjects. Moreover, the viewpoint of the author is such that it is a deviation from the traditional one which emphasizes socialism and government control for subjects such as health care. The author is able to reveal a number of benefits for both the individual as well as for the society through ownership society. The most appealing benefit concerning the model of the author is with respect to democracy and freedom of choice. ...Show more
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Summary

This essay describes the ownership society. The issue of ownership society has been in debate for a long time now. Since the author bases his argument on a number of advantages offered by the proposed model, he uses a number of examples as well…
Defining an Ownership Society
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