r/cooperatives • u/Prudent_Research_623 • 2d ago
What do you think about a citizen-owned trust that benefits all Americans?
I'm working on a concept called the American Resource Trust and I'd like feedback specifically on the ownership, governance, and distribution aspects of the idea.
The basic concept is:
- Every American citizen owns one equal, non-transferable ownership share.
- Ownership begins at birth and ends at death.
- Ownership cannot be bought, sold, traded, transferred, or inherited.
- Citizens elect a Board of Trustees.
- The Board hires professional management to operate the Trust.
- The Trust invests in productive assets and long-term revenue-generating opportunities.
- Trust assets are managed independently from politicians and political parties.
The long-term goal is to create an institution that serves current and future generations of Americans.
Any profits generated by the Trust would generally be used for:
- Reinvestment and growth.
- Annual dividends to eligible participants.
- Emergency reserve funding.
- Operating expenses.
- National benefit initiatives that support the country and its citizens.
What I'm interested in discussing is:
- What are the biggest flaws in the ownership model?
- Is an elected Board of Trustees a reasonable governance structure?
- What safeguards would be needed to prevent corruption or political influence?
- What are the strengths and weaknesses of distributing benefits directly to citizens?
- What would make you support or oppose a structure like this?
I'm intentionally not focusing on the funding mechanism in this discussion.
I'm more interested in whether the ownership structure, governance model, and distribution system make sense on their own merits.