EPISODE · Aug 21, 2025 · 50 MIN
Fixing the Crises in Capitalism and Democracy - Dr. Shann Turnbull
from People-Powered Planet Podcast · host Arthur Kanegis
Eight Billionaires possess as much wealth as half the world’s population. Dr. Shann Turnbull, who was selected by Garry Davis as his World Economics Commissioner, has a plan to cure the world's gross inequality. Shann has proved how tax incentives can radically reduce inequality, so all voters obtain locally controlled eternal well-being dividends. Twice he has used tax incentives to raise millions of dollars from hundreds of investors in 15-year leases that funded publicly traded corporations. Twice he has also created corporations with locally elected boards to introduce “Polycentric” self-governance described by Elinor Ostrom in her 2009 Nobel Prize acceptance speech. Both innovations could win voter support from both sides of politics. In 1976, the ultra-right stockbrokers’ journal in Australia published a review by Socialist Deputy Prime Minister of Australia of Shann’s 1975 book Democratising the Wealth of Nations. The United Nations published a summary of his book. This led to Shann being invited to explain stakeholder privatization in Prague in 1991/2 and Beijing in 1992. He authored Australian Parliamentary reports on Aboriginal self-determination in 1977/8. His 2001 PhD from Macquarie University created a methodology to establish the science of governance of any specie and introduced to social scientists the self-governing concept of Tensegrity. He is a prolific author on using the self-governing practices of biota to purify, share and sustain localized capitalism. See the video and ask questions of future guests at: theworldismycountry.com/club Music by: „World Citizen“ Jahcoustix feat. Shaggy, courtesy of Dominik Haas, Telefonica and EoM, Universal Music Group Check out the film on World Citizen #1 Garry Davis: theworldismycountry.com Endorse the ban on Nuclear Weapons: theworldismycountry.com/endorse
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Fixing the Crises in Capitalism and Democracy - Dr. Shann Turnbull
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