Abraham Lincoln said this, in his Inaugural address in 1862:
"This country, with its institutions, belongs to the people who inhabit it."
It took the USA a hundred years to start turning this into cold hard cash.
In 1977, the Alaska Permanent Fund started. It is a Fund that gets contribution from part of Alaska's oil revenue, and distributes investment returns to the people who inhabit Alaska.
"This country, with its institutions, belongs to the people who inhabit it."
It took the USA a hundred years to start turning this into cold hard cash.
In 1977, the Alaska Permanent Fund started. It is a Fund that gets contribution from part of Alaska's oil revenue, and distributes investment returns to the people who inhabit Alaska.
This is only a first step towards a citizen-ownership democracy, where the people who inhabit the country can claim their rightful revenues from the country's common wealth.
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