CONTEXT
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RE: https://mastodon.social/@kottke/116013120934445460
CONTEXT
the Government Pension Fund of Norway is the largest sovereign-wealth fund in the planet; investing over a real, EU trillion in businesses worldwide.
where did they get the money to start the fund? FROM SURPLUS PETROLEUM & FOSSIL FUEL REVENUES. Norway nationalized key sectors of their economy, starting with oil & gas.
so the Norwegian government uses oil & gas money to rid the country of #petromafia #consumerism thru investments not taxes.
take that, neoliberal capitalists.
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RE: https://mastodon.social/@kottke/116013120934445460
CONTEXT
the Government Pension Fund of Norway is the largest sovereign-wealth fund in the planet; investing over a real, EU trillion in businesses worldwide.
where did they get the money to start the fund? FROM SURPLUS PETROLEUM & FOSSIL FUEL REVENUES. Norway nationalized key sectors of their economy, starting with oil & gas.
so the Norwegian government uses oil & gas money to rid the country of #petromafia #consumerism thru investments not taxes.
take that, neoliberal capitalists.
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@SaanichGuy @blogdiva oh, some of us are aware... π‘π€¬
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undefined oblomov@sociale.network shared this topic