How citizens' wealth funds could transform our economy

Citizens' wealth funds are collectively owned investment vehicles with social aims. In this video, Stewart Lansley, Steve Schifferes and Duncan McCann discuss how these new instruments could tackle key issues such as poverty, housing, the NHS and social care.

Producer: Olly Huitson
The video was produced with support from the Friends Provident Foundation.

[eamonnca]

Are we talking about sovereign wealth funds, urban wealth funds, or something different?

[Battlecry]

This isn't a new idea. Singapore and Norway both have sovereign wealth funds, and citizen wealth funds that pay out social dividends have been part of proposals for market socialism for over a century.