Tag: Sovereign Wealth Funds
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The People’s Portfolio: Social Wealth Funds as Collective Capital
In February, President Trump announced the intent to establish a sovereign wealth fund for the United States. More recently, the Commerce Secretary announced that the U.S. had taken a 10% ownership share in Intel. The acquisition of the microprocessor juggernaut’s equity is part of a larger plan to acquire more strategic companies as a “down…
Fictitious Capitalist 