The Economic Organization of the U.R.W.
Socialism
The idea of Socialism in the U.R.W. is that the people work to better each other and the nation as a whole. This is accomplished by several means. First, the people are educated from a young age as to the benefits of helping other people. Of course, as in all societies, there are still those who ask, �What do I get out of it� expecialy in newly founded areas with many greedy beings. To deal with this problem we have implemented incentives. The first incentive is to give recognition to those whom give of themselves to better others. This recognition comes in the form of various awards distributed at local and national levels. The next incentive is simple. Greed is illegal. Anyone found guilty of conducting a business solely for the purpose of becoming richer, regardless of the welfare of the people, can and will be punished as according to law.
The Economy
The economy works as such. People work for other people. The government owns some of the vital businesses, such as mines, farms, power generators and distributors, transportation companies, etc. For the most part, individual beings own businesses though. All business owners are expected to conduct their business in a manner that benefits the people. Should they stray from this credo they will be tried and punished according to law. People are paid in money, the national currency being the Wadkan. The government pays its employees just as others do. There is both a minimum and a maximum wage, which vary according to the cost of living. The entire economy is designed to eliminate large wealth gaps, therefore making people equal. Due to the general giving nature of people, and the ownership of most vital businesses, the government has a steady source of income and little costs. This allows for the U.R.W. to be mostly tax free. Every wadsic, if it is found that the government has more funds in its treasury than is needed to support the businesses and programs for the people, the government is required to take 30% of the excess and deposit it into an emergency fund, to be used in times if disaster or to help the nation out of a recession. The government is then required to take another 30% of the excess funds to put towards paying off any debt the nation owes to foreign nations or businesses. The remaining funds are to be returned to the people by temporarily increasing the funding to national programs.