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As a counterpoint, it is possible to distribute windfall profits from natural resources in an equitable manner, and keep a functioning democracy. http://freako

by oillio 10y ago

As a counterpoint, it is possible to distribute windfall profits from natural resources in an equitable manner, and keep a functioning democracy. http://freakonomics.com/podcast/how-can-tiny-norway-afford-to-buy-so-many-teslas-a-new-freakonomics-radio-podcast/ http://freakonomics.com/podcast/how-can-tiny-norway-afford-t... It is rare, but not impossible.

nickjarboe 10y ago
Another rare example is the US where mineral rights are spread over millions of individuals instead of the govenment.