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>This has never been done successfully in an economy not based on resource extraction without destroying the engine that produces that "enormous wealth". So it
by frgtpsswrdlame 9y ago
>This has never been done successfully in an economy not based on resource extraction without destroying the engine that produces that "enormous wealth".
So it's a good idea as long as we constrain it to our natural resources?
- benji-york 9y agoUntil those natural resources are exhausted or otherwise no longer valuable.
- gozur88 9y agoWell, it's not a spectacularly bad idea under those conditions. But it's not like companies don't already pay for drilling, mining, and grazing rights on federal land. Right now the money doesn't go into a special fund, though, and in any case it's not much divided over 340 million people. Norway's sovereign wealth fund is significant because there just aren't that many Norwegians.