Tackling the power of capital: The role of social wealth funds
This thinkpiece examines the possibility of introducing one or more social wealth funds in the UK. Such funds would aim to capture some of the financial gains from the private ownership of capital and use the proceeds for wider community benefit, such as investment in social infrastructure, while also contributing to the long term reduction in inequality. As well as funding social investment and anti-inequality programmes, could such a scheme also help finance a regular Citizen’s Income scheme?