How can it be that more governments are wealthier than ever, and yet fewer citizens enjoy the benefits that such wealth can bring?
“Citizens’ wealth” – creating an additional source of revenue by turning states into wealth-owners - is a long-established idea. And yet we are still to see this powerful tool used to its full potential effect, and in the service of ensuring the interests of its rightful beneficiaries – the people.
At the RSA, political theorist Angela Cummine outlines what measures are needed to ensure that the management of sovereign funds truly reflects, promotes and protects the interests and values of their citizen-owners.
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