Rumahoki: Difference between revisions

Line 315:

The economy of Rumahoki is a {{wp|mixed economy}} with elements of {{wp|tripartism}} and {{wp|dirigism}} under the name ''[[Velvetine Socialism]]''. In laymen's terms this means that the Rumahokian economy makes heavy used of economic planning with market forces in the name of guiding production in an economy, this also includes the existence of public and private enterprise. Firms in Rumahoki are under public ownership and are attached to certain state ministries that may opt to merge, dissolve, and reorganise these firms while determining which sector a firm may operate in. The acquisition of inputs and the selling of outputs are to be done in markets, ultimately meaning that the nation's economy is one of {{wp|market economy|markets}}, making it very much unlike certain forms of socialist-style {{wp|planned economy|planned economies}}.

The basic idea behind ''Velvetine Socialism'', named after the [[Velvet Revolution]], is based around the idea of earlier forms of {{wp|social democracy}}, that being a workers' revolution can be achieved through reformist measures, with armed revolts being an absolute last resort. That last resort being the Velvet Revolution of [[1994]], and that the victory of the left-wing reformists in the subsequent [[Rumahokian transition to democracy|transition to democracy]] and the electoral victory of the [[People's Democratic Party]] in the nation's first truly democratic elections has given the idea of a workers' revolution by reform a mandate. Through the heavy use of state planning and intervention in a market economy while still ensuring the rights and dignity of the worker is maintained, socialism will be achieved.

As a result, the government of Rumahoki exerts a strong directive influence through the use of {{wp|indicative planning}} to supplement market forces for guiding the economy. Enterprises such as mass public transportation, energy, and the basic infrastructure for telecommunications are under state control, and private corporations are given various incentives from the state to merge or engage in certain projects as needed.

@@ Line 315: / Line 315: @@
 {{main|Economy of Rumahoki|Velvetine Socialism}}
 The economy of Rumahoki is a {{wp|mixed economy}} with elements of {{wp|tripartism}} and {{wp|dirigism}} under the name ''[[Velvetine Socialism]]''. In laymen's terms this means that the Rumahokian economy makes heavy used of economic planning with market forces in the name of guiding production in an economy, this also includes the existence of public and private enterprise. Firms in Rumahoki are under public ownership and are attached to certain state ministries that may opt to merge, dissolve, and reorganise these firms while determining which sector a firm may operate in. The acquisition of inputs and the selling of outputs are to be done in markets, ultimately meaning that the nation's economy is one of {{wp|market economy|markets}}, making it very much unlike certain forms of socialist-style {{wp|planned economy|planned economies}}.
+The basic idea behind ''Velvetine Socialism'', named after the [[Velvet Revolution]], is based around the idea of earlier forms of {{wp|social democracy}}, that being a workers' revolution can be achieved through reformist measures, with armed revolts being an absolute last resort. That last resort being the Velvet Revolution of [[1994]], and that the victory of the left-wing reformists in the subsequent [[Rumahokian transition to democracy|transition to democracy]] and the electoral victory of the [[People's Democratic Party]] in the nation's first truly democratic elections has given the idea of a workers' revolution by reform a mandate. Through the heavy use of state planning and intervention in a market economy while still ensuring the rights and dignity of the worker is maintained, socialism will be achieved.
 As a result, the government of Rumahoki exerts a strong directive influence through the use of {{wp|indicative planning}} to supplement market forces for guiding the economy. Enterprises such as mass public transportation, energy, and the basic infrastructure for telecommunications are under state control, and private corporations are given various incentives from the state to merge or engage in certain projects as needed.

Rumahoki: Difference between revisions

Navigation menu