Offering an entirely new approach to the wealth question, the authors demonstrate that up to 90 percent of current economic output derives from society's collective inheritance, known as a “free lunch.” Alperovitz and Daly argue that there is no reason any one person should be entitled to that inheritance.
In a lively synthesis of modern economic, technological and cultural research, Gar Alperovitz
and Lew Daly demonstrate that up to 90% (and perhaps more) of current economic output derives not from individual ingenuity, effort or investment but from our collective inheritance of scientific and technological knowledge. Alperovitz and Daly pursue the implications of this research, persuasively arguing that there is no reason any one person should be entitled to that inheritance.
is the Lionel R. Bauman Professor of Political Economy at the University of Maryland. His previous books include “The Decision to Use the Atomic Bomb” and “America Beyond Capitalism”. He lives in Washington, D.C. Lew Daly is a senior fellow at Demos and the author of “God and the Welfare State”. He lives in New York City.