Our Common Wealth: A Citizens' Wealth Fund for the UK

This policy paper sets out why a Citizens’ Wealth Fund, a sovereign wealth fund owned by and run in the interests of citizens, would help address this problem by transforming a part of national private and corporate wealth into shared net public wealth. It sets out how such a fund could be capitalised, and proposes that the income generated should be used to provide a ‘universal dividend’ to all young people. In this way the rising returns to capital, and the opportunities derived from wealth, can be more fairly distributed across society.