Key Components

  • Corporations will only be able to form for specific purposes and a specific time period, with none of the rights in law attached to individual citizens.
  • No one company shall have more than a 10% share in any one market.
  • Neo-liberal practices that take advantage of low cost structures in other parts of the world at the expense of their country of origin will be discouraged with suitable disincentives.
  • Speculation on currencies, money market insurances, futures and ‘derivative products’ will be banned.
  • Central bank quantitative easing will be ended.  Governments will not engage in deficit spending.
  • Excessive profit taking will be regulated.
  • Free market processes will replace government central planning.
  • Stocks or shares will have a life limited to 7 trades before being cancelled.
  • No corporation will be considered to big to fail.  No bailouts.

Major effects and benefits

  • Political and economic power enjoyed by private corporations over the will and rights of the people will be ended.  Neo-liberalism will be no more.
  • Accumulating wealth through unproductive speculation will end.
  • Economic volatility caused by money markets will end.
  • The share market will only be used to fund business ventures.
  • Government deficit spending will not be possible.
  • Vast wealth disparities will no longer be possible.