National-Liberalism : A political non-sense.
Melophore
I'm actually running for congress as a Social Democrat. I am well aware that there is little chance any member of our party gets elected.
Even if there aren't many of us, it doesn't mean our opinions are marginal. I will publish an article every day until the end of the election.
I was trying to find a definition of eUK policy, a term to describe it, understand it and see how it could be improved.
What fiscal policy does the actual government, and previous governments enact ?
Well we have a flat income tax, no VAT, high import and export taxes. Great Britain is a pocket of liberalism shut off from the outside world.
Conditions for young, lower-class citizens are really difficult, the poorest compagnies fail, and the richest still remain the less affected class.
I call this National-Liberalism. It is a sort of closed off chaos pushing Britian down.
Haven't you noticed that all governments have been cutting taxes and the situation has never been worse ? Even though the new government seems to be having some results.
They have even come up with a bond strategy. They will have to pay this back with interest reducing future margins for our nation.
The Social-Democrat strategy is tax, save and spend. Whereas the liberal strategy is borrow, spend and go bankrupt.
Britain is growing weaker and weaker, the recent invasion of the US and Canada are symptoms of that, our inability to help our allies to victory is also a bad sign.
What do we need as fiscal policy ?
If we can't have a progressive income tax, let's cancel it. And raise VAT instead. VAT will act as a progressive tax, because the more you earn, the more you spend.
We need to favor British industry. Britain has little raw-materials, we shouldn't base our economy on raw-material production. Except for grain and food, some oil and wood.
We should have little import tax on raw materials to favor industrial production in London.
We should also have no export taxes on industrial production.
We could use tax revenue to favor exports and even come up with trade agreement with our allies.
We should also enact a strong social protection system. London has the best hospital system we can hope for. Many hardworkers are homeless, this diminishes their overall wellness and productivity.
With a strong social protection system, we can have high productivity and low wages. Thus making Britain's industrial production extremely competitive. Even if foreign nations can impose a 99% import tax on our goods, if we can produce them at half-price, we can compete.
We need to have a higher minimum wage, the lower classes can have access to cheap goods and have a better life.
We also need to do away with free weapons for non-military staff. If we increase wages, lower and middle-class citizens will be able to purchase their own weapons. giving them incent to work and gain experience.
We also need economic guidance. The Ministry of Economy must count the number of compagnies in each sector in the eUK and advise new compagny owner's which sector to invest in.
The current National-Liberal policies of the right and the left centre parties are weighing heavily on our industry, our people's well being and on the economic and military power of the nation.
A good economy is need to afford a good army.
I will detail in a following article the necessity and the possibility of regulating prices in a free-market system to keep inflation down and favor British economy.
Thank you all for your time.
Melophore
Comments
You won't get elected because only candidates from the top 5 parties of the nation are put forward for voting. Smaller parties can field candidates but they don't appear on the 25th on the ballot sheet.
http://wiki.erepublik.com/index.php/Voting_system" target="_blank">http://wiki.erepublik.com/index.php/Voti[..]ystem
Also, your article is wrong in several ways.
1. The bonds are to get gold now for restructuring for V2, and interest on them will be in GBP which can be printed almost for free by the government. Realistically though it is true that the interest will slightly limit how much spending the government is willing to do, but only very very slightly.
2. We are quite able to help our allies to victory: in Limpopo, in Slovenia, in Finland... The list goes on. Soon we will help free Rhone Alps and perhaps most of France and Germany from Poland.
3. The production of wood or oil in the UK is not at all cost effective and should not be done under any circumstances, which is why the Government has set a 50% income tax for those industries.
4. We have 1% (minimum possible) import tax on all raw materials other than Grain.
Continue😛
5. The game does not have export taxes.
6. Trade agreements are extremely difficult to enforce and never have been successfully because the game does not support them.
7. Any hard-worker (with a medal) can afford a house.
8. The social protections you are talking about would have a cost roughly equal to their benefit, so it wouldn't really help the economy.
9. A worker will very quickly earn their way out of the minimum wage, but while they are not productive enough to do so, they will only be hired by the State. Therefore, raising the minimum wage would only cause more costs to the State. Q2 food is currently affordable at minimum wage, and the new citizen fee is certainly enough to cover a bit of additional spending by the new citizen.
10. Free guns has been discontinued with the end of the Invasion, I believe.
11. There is already assorted economic advice on the Forums.
Poor little parties... I know only the top five parties get the first pages, might be an idea to class candidates in another manner.
Corporate miss-information ?
I have two hardworker medals and I don't even have enough to buy a Q1 house...
I even have two super-soldier medals...
A Q1 house costs 300 pounds, the wages at level 4+ are 2 pounds a day, 60*2 = 120.
I couldn't even afford a house even if I starved myself for 4 months...
We would have to increase the minimum wage to 3 pounds a day to get close to buy a Q1 house after two hardworker medals.
And what if social protection would cost as much as it would help the economy... It's just another concession saying that it is possible.
1. Remember what malta said? Throw away everything you know about RL economy, and start again.
2. You can afford a Q1 house because you got the gold from two hard worker medals. Q1 houses generally trend towards around 3 gold - they're higher at the moment because of a recent boom.
3. Minimum wages don't work - even at the lowest possible, only the government and the communes employ skill 0 players, as they simply don't produce enough to make up for their wage. If you raise it, it will just mean players will work in the government companies for longer. While that doesn't sound so bad on the face of it, any employee working in an overstaffed company only does half the productivity that they would do normally.
Thanks for your support Bob. Hey, I'm just running a paper with no chance to get into congress... No need to rub it in.
Just let it be !