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Providing a level playing field with universal capital endowment

Granting citizens equitable access to opportunities afforded by capital ownership would be a transformative step in struggle to achieve a more just society.

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Inherited inequality of opportunity precedes people's participation in markets, and compounds over lifetimes.

IT IS far from certain whether the post-pandemic recovery will be a lasting one that results in more sustainable and equitable economies. The temptation to try to return to the recent past is strong, and so are the vested interests favouring such a course.

But many now recognise that what...

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