Ownership and the American Dream

The ideal of home ownership was the fruit of a public-relations strategy crafted after World War II—corporate and government leaders alike believed that home owners would have more of a stake in an expanding economy and greater allegiance to free-market values than renters. Functionally, though, it led to a self-perpetuating cycle: The more that we

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“The ownership economy doesn’t always mean a literal distribution of tokens, stock options, or equity,” Walden wrote in a post outlining the idea. “Rather, it means that ownership — which may manifest in the form of novel economic rewards, platform governance, or new forms of social capital — can be a new keystone of user experiences, with plenty o... See more