I’m looking for perspectives on which countries most effectively combine high quality of life with low social and economic inequality.
I’m looking for perspectives on which countries most effectively combine high quality of life with low social and economic inequality.
If you’re going to start nationalizing previously established resources, that’s going to have all sorts of wild reprecussions and is not what Norway did.
But beyond the logistics, which similarly profitable resources are you thinking of?
Well if course it won’t be the same. Thats why you have to export it.
All of them. All of a nations natural resources rightfully belong to the people from oil to water. From rare earth minerals to timber.
Yes and we have a liberal democracy to determine how best to use them. Thankfully, most folks understand that simply nationalizing resources comes with huge reprecussions which greatly outweigh the gains.
Do you have a successful example of your proposal in mind?
A liberal democracy isn’t exactly a free democracy. Billionnaires have far more buying power and so the odds are much more in their favour to bribe and corrupt institutions. That is why they like “liberal” democracy and corporate dictatorships.
If you want to understand, then go to one of those US “for profit” prisons. Works well, huh?
Most Oil and Gas reserves remaining in the US are on public land, as is the massive lithium deposit just discovered in southeastern Oregon. Then there are the seabed polymetalic nodules that will be mined sooner or later. There are plenty of opportunities to nationalize natural resources, what is lacking is political will.
Norway did that, though. The pension fund that’s financed from that oil, is nationally owned, iirc.