thenextwave

The limits of ownership

Posted in economics, emerging issues, football, land, organisational, politics by thenextwavefutures on 14 November, 2010

Market-based ownership models have damaged the public and social interest. Innovation is inevitable.

The recent transfer of the ownership of Liverpool Football Club from two unsuccessful American millionaires to another group of Americans tells us something about the state of English professional football, but led me to more interesting questions about how and why societies should impose limits on ownership. This goes far beyond football, and the answer seems to be when the value generated by the organisation is primarily social; this value should not be open to private appropriation.  It seems increasingly clear that ownership is going to become one of the contested issues of the coming decade. In this post I am going to try to take some case studies to tease this out.
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