Slashdot Mirror
Alaska: The Only US State Where Everyone Gets Free Money
merbs writes: Alaska’s Permanent Fund was established in 1976, in the midst of a black gold rush; the massive Trans-Alaska pipeline was in the process of being built, and the state had reaped $900 million in revenue from the sale of drilling leases in Prudhoe Bay, the largest oil field in North America, in a matter of years. In a matter of a few more, it’d spent it. Alaskans soon recognized that their enormous oil reserves were nonetheless limited, so, with a kind of longterm forward-thinking rarely seen in politics today, they voted to add an amendment to the state constitution to establish a fund that would protect a portion of all incoming oil wealth for future generations. In 2014, the net income of the fund was $6.8 billion dollars and the dividend doled out $1,884 to 640,000 citizens, despite a decline in oil revenues that year.
No, that's just welfare.
With communism there is no money at all...in theory of course. Basically you have to force people to work for free, and eventually people get pissed off because some people feel that they do more work than other people, and aren't justly rewarded, and so they leave. Then your GDP goes to shit and you turn to socialism just to try to maintain the status quo of your local political leadership, which is where everybody works for the government as the government owns the means of production for every single industry, and indeed there is a return to currency, and you pretend to work while the government pretends to pay you.
At least, this is what has happened to every single commune to ever exist anyways. The only ones to have emerged from that rut eventually just returned to full blown capitalism.