Discusses an idea for turning pawns into queens of which the author was an initiator: the idea of a universal stakeholder or demogrant to every young adult. A similar idea has been termed stakeholding grants or ‘baby bonds’, and the British Government has just introduced another version: the child trust fund. Gives the historical background to the idea, and locates it as part of the growing movement toward ‘asset‐based welfare’. Discusses its pros and cons, and the details of practical implementation
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