Dilange wrote:The Left-Libertarian Hippies wrote:The Economic Democracy Act
Category: Social Justice
This act mandates that all nations develop the policies (listed below) that encourage the development of workers' co-operatives, credit unions, small businesses, and worker-managed, publicly owned corporations.
These policies include:
I. The establishment of publicly funded Democratic Business Organizations in all nations that participate in the World Assembly. These organizations would invest and create a system of decentralized advertising for democratic businesses. These organizations would also have the power to regulate these types of businesses in their respective nations.
II. Creating publicly funded Profits and Prices Regulation Comittees that would stop price-gouging and unfair business practices. These comittees would direct profits toward workers (in non-democratic industries) and would implement a fair system (if need be) of price and wage controls through the advice of economists, workers, investors, and other vital human resources. These Comittees are NOT allowed to plan and allocate economic resources. They are only allowed regulated control over prices and wages.
III. A new tax system that rewards work-sharing, co-operatives, and small businesses with tax credits, tax cuts, and paper-work reduction.
ALL World Assembly nations must participate in this act.
Its too bloggy to be a draft sir.
Looking at some of the commentary below, I'd love to support this, but it has too many problems. Not all WA members economies are structured to fit this nor is there an option clause. It may also be an ideological ban...I'm not sure. I don't know why there ARE ideological bans in the first place, but, okay...