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DispatchFactbookEconomy

by Ethaloria. . 13 reads.

Decree: New Economic Policy for the strengthening of the State and the People

New Economic Policy for the strengthening of the State and the People (01/06/2015)










Introduction



It has been 15 years since the New Economic Policy for the strengthening of the State and the People was put into effect and the results have been even greater than what was anticipated. Our economy has experienced a significant bloom and large amounts of capital have been accumulated in the PRE. Using that capital, we have provided the population with everything that the Revolution had promised. A guaranteed right to work, free healthcare, free public education, state housing programs and all sorts of services. Not only that, but using that capital, we have further improved the productive forces in our country and we are on our way to become an industrial power. However, as it was expected, this economic policy has also created a small and weak bourgeois class with counter revolutionary interests. In order to stop its growth and slowly normalise class contrasts in our people's republic, we have decided by majority vote to modify the New Economic Policy for the strengthening of the State and the People in the following ways:

i) The restrictions and limitations described in Article iv have been changed as deemed fit by each industry's People's Commissariat.

ii) Addition of two more articles, article xii and articles xiii(a) and xiii(b) as can be seen below







New Economic Policy for the strengthening of the State and the People as modified by the summertime meeting of the Supreme Soviet (01/06/2015)


i) Private enterprise is no longer illegal.

ii) Any one citizen, assuming he has the capital to do so, may found a private company.

iii) Loans will be granted by the State bank for facilitation with the founding of a private company, if and only if said company complies with the State's regulations and economic growth goals.

iv) A private company's expansion in material, personnel and land is limited as judged by the corresponding industry's People's Commissariat.

v) For each private company, a Commissar of the People's Commissariat of the appropriate industry will be overseeing that it does not break any regulations or stray from the P.R.E.'s economic growth goals.

vi) Each private company is required to provide a safe working environment for its workers, to conform with the minimum wage standard, to provide paid maternity leave, to provide paid sick leave, to provide atleast four weeks of paid leave for vacation per year, to provide paid leave on election days, to allow its workers to unionise, to allow its workers and union to buy its stocks, to provide justification for firing workers, to have a workday lasting a maximum of 8 hours, to follow the P.R.E.'s economic growth goals, to follow environmental protection protocol.

vii) Should a company be deemed to be prioritizing profit over the P.R.E.'s and society's goals, then the shareholders of said company will be compensated and said company will be nationalized.

viii) Should a company be deemed to be working towards the destabilisation of the Revolutionary government, the subversion of the Socialist system or is discovered to be involved in illegal activities, said company will be terminated and all responsible will be brought to justice.

ix) Foreign investement is allowed only on the grounds that a foreign entity be lent land and infrastructure by the P.R.E. Under no circumstances can a foreign entity buy or permanently own land and infrastructure belonging to the P.R.E.

x) Each foreign company wishing to rent land and infrastructure in the P.R.E. and employ Ethalorian workers is, by decree of the People's Commissariat of Foreign Trade, subject to the same laws and regulations as a local private company with the exception of the following: A foreign company's expansion in material, personnel and land is not limited, but the P.R.E. reserves every right to deny further expansion at any point in time, a foreign company is not required to allow its workers and union to buy its stock, a foreing company is not required to follow the P.R.E.'s economic growth goals.

xi) The P.R.E. reserves the right to at any time reclaim any land and infrastructure that is being lent to a foreign entity.

xii) Financial compensation and guaranteed employment in similar positions to the ones they held will be given to all employers, CEOs and similar who hand over their business to the state.

xiii(a)) Excess profit made by companies will be collectivised as instructed by each People’s Commissariat of the appropriate field. A suggested threshold is, once a company has paid for all its expenses, any extra profit made that exceeds three times the minimum wage.

xiii(b)) The collectivised profit must be used by local authorities of a district for improvements of local infrastructure and services or be donated to the state or a state enterprise within a period of one year. Failure to do so without a written, detailed explanation for it being sent to the Presidium of the Supreme Soviet, will be considered an act of corruption and will be investigated by a committee appointed by the Presidium.






New Economic Policy for the strengthening of the State and the People (13/08/2000)










Introduction



With the victory and establishment of the People's Revolution, we, the Proletariat of Ethaloria, have managed to free ourselves from our oppressors, the Ethalorian bourgeoisie, and have advanced to the next stage of our history, to the next stage of human society's development, to the building of Socialism. However, as it is known, Socialism can not be built overnight. The Revolution, even though successful, has left our country crippled, with much of its productive forces destroyed, many hectares of fertile land burnt and lots of people killed. The current material conditions do not allow us to implement a completely Socialist economy; therefore some concessions may have to be made in order for us to reach that point where we can rid ourselves of exploitation for good.






Decree of the Supreme Council of the People's Republic of Ethaloria



Having taken all of the above into consideration and after carefully examining its theoretical basis and practical implementation, the Supreme Council of the P.R.E., at its summertime session, decided by majority vote on the following:

i) Private enterprise is no longer illegal.

ii) Any one citizen, assuming he has the capital to do so, may found a private company.

iii) Loans will be granted by the State bank for facilitation with the founding of a private company, if and only if said company complies with the State's regulations and economic growth goals.

iv) A private company's expansion in material, personnel and land is limited as judged by the corresponding industry's People's Commissariat.

v) For each private company, a Commissar of the People's Commissariat of the appropriate industry will be overseeing that it does not break any regulations or stray from the P.R.E.'s economic growth goals.

vi) Each private company is required to provide a safe working environment for its workers, to conform with the minimum wage standard, to provide paid maternity leave, to provide paid sick leave, to provide atleast four weeks of paid leave for vacation per year, to provide paid leave on election days, to allow its workers to unionise, to allow its workers and union to buy its stocks, to provide justification for firing workers, to have a workday lasting a maximum of 8 hours, to follow the P.R.E.'s economic growth goals, to follow environmental protection protocol.

vii) Should a company be deemed to be prioritizing profit over the P.R.E.'s and society's goals, then the shareholders of said company will be compensated and said company will be nationalized.

viii) Should a company be deemed to be working towards the destabilisation of the Revolutionary government, the subversion of the Socialist system or is discovered to be involved in illegal activities, said company will be terminated and all responsible will be brought to justice.

ix) Foreign investement is allowed only on the grounds that a foreign entity be lent land and infrastructure by the P.R.E. Under no circumstances can a foreign entity buy or permanently own land and infrastructure belonging to the P.R.E.

x) Each foreign company wishing to rent land and infrastructure in the P.R.E. and employ Ethalorian workers is, by decree of the People's Commissariat of Foreign Trade, subject to the same laws and regulations as a local private company with the exception of the following: A foreign company's expansion in material, personnel and land is not limited, but the P.R.E. reserves every right to deny further expansion at any point in time, a foreign company is not required to allow its workers and union to buy its stock, a foreing company is not required to follow the P.R.E.'s economic growth goals.

xi) The P.R.E. reserves the right to at any time reclaim any land and infrastructure that is being lent to a foreign entity.

Ethaloria

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