• Norges Bank Government Pension Fund Global (Norway)

    Socialism is about workers, not wealth funds

    The Social Wealth Fund plan is insidious in the sense that it has the capacity to redirect vast amounts of energy and resources toward a goal presented as “socialist” when in reality it is fundamentally incompatible with socialism. We must bring the discussion out into the open to prevent such seductive ideas from compromising the basic vision and integrity of socialism.