The article raises important questions about the creation of a sovereign wealth fund in the United States and its possible consequences for the economy and society. The author rightly notes that such funds are usually associated with the management of national surpluses in resource-rich countries. However, the United States, as the issuer of the world's reserve currency, does not face the need to manage surpluses in the traditional sense.
The creation of a sovereign wealth fund in the United States may have various goals, such as investing excess funds, stabilizing the economy, or diversifying reserves. However, given the historical context of the use of such funds in postcolonial countries, it can be assumed that the creation of the fund in the United States may be related to the desire to strengthen financial independence and reduce dependence on global financial markets.
However, as the author rightly points out, the creation of a sovereign wealth fund in the United States can have negative consequences. The Fund can become an instrument of accumulation through dispossession, when excess funds are directed to financial markets rather than to the development of the national economy. This can lead to further increases in inequality and wealth concentration.
In addition, the author points to the biopolitical aspect of the creation of a sovereign wealth fund. The Fund can become a life management tool, directing investments into certain sectors of the economy and infrastructure. This may lead to further strengthening of state control over the economy and society.
In conclusion, the creation of a sovereign wealth fund in the United States is a complex and controversial process. On the one hand, this can be a step towards strengthening financial independence and reducing dependence on global financial markets. On the other hand, this may lead to further accumulation of wealth in the hands of a few and increased government control over the economy and society.