Sep 30, 2011

Citizen-ownership Democracy. More Partial Examples. Singapore. Hong Kong.

HK$6,000 govt payouts to commence in November
In 2011, Hong Kong is distributing HK$38 billion to its 6.1 million adult residents in equal shares of HK$6000 each.

Growth Dividends will be given to all adult Singaporeans.
In 2011, Singapore is distributing S$1.5 billion to its 2.5 million adult citizens in unequal amounts from S$100 to S$900.

This are one-time payments that are linked to the status of resident or citizen. The idea of citizen-ownership needs to be institutionalized and written into a country's constitution (as in Alaska). Then the yearly payments for the citizen-owners can be very substantial.

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