Economy of Fodmodmadtol

The Fodist government owns and operates all business ventures within the nation. Each corporation started as privately owned, but was assumed by the state with the ratification of the Social Conract. Since that time each corporation has remained largely untouched and allowed to run its course. Communication between government and business is mandated by law. The entity created to foster this communication is the Economic Council.

Economic Council

The council consists of one hundred corporate executives selected by the government in regards to position and seniority in their respective corporation. The council is comitted entirely to the government and may not excercise any expressly granted power. A council session is held between the council itself and the assembled government, where the corporate executives recieve orders from and dispense reports to the government. Any executive is held accountable to any member of the assembled government.