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.