Smithanian Socialism

Smithanian Socialism

This economic system was designed by the leader of The People's Federation of Smithania, Chairman Smith, and is currently being tested and developed in that nation.

Smithanianism is a concept that takes Socialism and Capitalism and merges their best qualities into a system of Economic Democracy that keeps the Standard of Living and Equality that both sides of the scale enjoy.

Engaging in becoming a Smithanist Nation

Although it is easiest to make the conversion from Socialism to Smithanianism, the concept allows for Capitalist nations to make the switch. The conversion is best divided into a series of stages. These stages are, Developing the credit system, establishing economic democracy, and eliminate discriminated wages.

The Four Stages

Credit System

The Credit System deals with the establishment of two currencies, one is the hard currency that is used to trade with non-smithanian nations, the hard currency is earned by a whole by the Smithanian people, the government however taxes all of it for administative use and in return citizens are given the civilian currency, Credits, to their workers, which can be used to buy low priced goods from the Smithanian stores, which are managed by the government, once used, Credits become worthless. After the hard currency is taxed, it is used by the government for imports, but not much more, thus making the nation become rich and a world power. Any internal jobs are paid with Credits to its citizens.

Economic Democracy

After the credit system is established, all privatley owned large buisnesses are broken down, and a first given control of by their management. After large enterprises and corporations are broken down into local management, then an internet based system of feedback is developed for citizens to moniter all products.

After that is in place, all buisness is nationalised, allowing its owners to keep managing, but in the end allowing the government to decide its course, the product produced is up to its manager, if the buisness continues to produce in accordence to citizen demand, it will keep running, if not it will be closed down and redesignated to another manager with another idea, competition is still encouraged, but the citizens ultimatley demand, through purchase, what keeps running.

Elimination of Wage Discrimination

Because all education is a right guranteed by the government, wages will not be determained by the occupation, but by the time and quality of the work. If a citizen works for a period of a year, his credit salary will be raised by a quantity determained by an elected council.

Quality of the product is also a factor, if a manager requests an incresed salary for an employee, then it will be looked into.

All people will earn the same salary at the start of their carrer, unless the job is potentially hazardous, then the government can see to it that the employee is granted a higher salary.

Current Nations currently or historicly classified as Smithanian

The People's Federation of Smithania (currently and historicly)

Organisations with the Smithanian Cause

The Smithanian Union (TSU)

The Smithanian Party of the USSR (SmPUSSR) *disbanded*

The Smithanian Federation (SF) *disbanded*