- 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.