Aug 27, 2013

Every citizen in the world should see this. Part 3. Oil2Cash

Todd Moss: Oil to Cash: Fighting the Resource Curse through Cash Transfers

This video shows why it is important for citizens to demand dividends from their countries' oil wealth. The idea is applicable to all other commonly-owned properties, whether sovereign wealth fund, gold mine, diamond mine, wireless channels, water or land.

However, it should not be up to the politicians' good grace to throw out some miserly amount. Citizens own 100% of that pot of revenue.  100% should be returned to citizens.

Citizens should think of 
Oil 2 Cash
Citizen-Ownership 2 Cash

Related Posts:
Part I is here.

Follow-up (July 2014).
Please click on the Oil2Cash label to see other posts about Oil2Cash.

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