Twelve citizens, selected at random, will be tasked with deciding what should happen to £100,000, in a project taking place in Liverpool, UK over June and July 2023.

The participants will meet for a series of discussions aimed at reaching an agreement about how the money should be given away.

There are almost no limits on what they can decide. The money could go to any cause, from animal rights to poverty reduction, environmental protection to medical research. It could even be distributed as payments to individuals. The beneficiaries can be local, national, or international.

The project is called Wealth Shared and has been developed by researchers and community organisers living in the city. The money comes from an individual private donor. The purpose of the exercise is to demonstrate how wealth can be democratised and to harness the participants’ collective wisdom and creativity about how the money can most usefully be deployed.