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Council Economy Boards
Working on the assumption that Britain will be governed by a British government, and by no alien parliament, each District should have its own economy board, working within its own boundaries and assuring that all resident British citizens have equal opportunities and enjoy citizens' rights within the economy.
These rights include free training in many spheres of economy, from agriculture to factory and office work, and help in finding access to employment. As far as possible, work will be made available on a twenty hour a week basis, with three months a year paid holiday. Where employment is still available, people may apply to work more hours, for example twenty-five, thirty or thirty-five hours weekly.
To find out how this is possible, the following outlay should help:
In Britain there is practically no textile industry, the factories closed down and shifted production abroad on the grounds that British people were too expensive to pay. Modern technology, however, enabled workers to produce a far larger amount of textiles than in the past, and the modern technology was designed and invented in Britain. In theory it should have been cheaper to produce textiles and clothing in Britain owing to the modern machinery, with less people being employed and more clothes produced.
Similarly, the electronics sector has been largely demobilised and the production transferred abroad, even though almost all electronic inventions come from Britain. The same applies to many other sectors of factory production. The result is that clothes, carpets, electronic equipment, soap, furniture and mechanical components of every kind, which all were designed and invented in Britain, are being produced abroad and imported into Britain, while millions of British people are obliged to sign on.
The idea of Council economic administration is to reconstitute within the respective Council boundaries these lost sectors of industry according to the number of people unemployed, so that millions of British citizens can work even part-time, and produce what our economy needs, and also for export, rather than not being able to work at all and have to sign on!
In the agricultural sector, modern technology has enabled increased production with much less labour than used to be required in the past. Therefore, farmers could easily employ people to work part-time and seasonally, as there are enough people in search of work. The same applies to the food processing factories. It is better than importing labour and excluding British citizens from employment in our own Country!
Distribution of revenues
All taxes and State revenues (national and local) would be distributed in the following way: ten percent to the Town Council, thirty percent to the District Council, thirty percent to the County Council, thirty percent to the national Treasury.
The same applies to any profits deriving from Council administered farm estates and factories. In fact we must assume that because many factory owners closed their factories and shifted production abroad, laying the workers redundant, it's up to the local Council economy boards to create new factories and own these. Councils should also run farm-estates in order to increase agricultural production for export. This would not interfere with the already existing farm production.
County Council economy boards would help coordinate the distribution of factory and farm production between the various District economy boards within the County, ensuring that there is not mass production employing thousands of people in one or two factories in one area but rather a reasonable distribution of employment around towns and villages.
The distribution of revenues, taxes and tolls between Town, District, County and national Treasury would ensure that the local Councils can be self-sufficient in funds. After paying all the staff in the offices - the civil servants - and all the farm and factory workers employed on Council estates and in Council factories, the remaining proceeds would be invested in local prosperity projects for the public good.
The funds available within the local and national treasuries would be sufficient to cover NHS, pensions, sickness money and all other aspects of social welfare.
One of the founding principles of this form of economy is that the money spent on importing great quantities of products from abroad that could be - and used to be - produced in Britain, would no longer go abroad, but remain within the local and national economy, and millions of people currently signing on in Britain would be receiving salaries and paying contributions into the local and national treasuries of our Country, and the reconstituted factories that presently have been put out of production would also be paying taxes on their profits into the same treasuries.
Furthermore, our Country would be offering these products for export on the world market, rather than sending the blueprints abroad for other people to produce these products and export them to us and all around the world as if they, and not Britain, had invented the technology!
Also, we would apply the final words to the e.u. Politburo's interference from abroad in our national affairs: The End!
Port tolls
Adding to the already existing revenues coming from our commercial ports, Britain would introduce a vehicle toll on traffic passing through national ports, in a similar way as many European countries charge motorway tolls and tunnel tolls. The distribution of port revenues and port tolls would follow the scheme as mentioned: ten percent to the Town Council, thirty percent respectively to the District Council, County Council and national Treasury.
Banking
Banks manage saved money, and nowadays, contrary to the past, they do not tend to be privately owned. For these two reasons, legislation should oblige banks to generally invest the money in the national economy, and any amounts invested abroad in projects should be limited and first approved by an appropriate commission, so as to prevent the Country's saved money being taken out of the local economy in unreasonable amounts.
Public deficit
Whenever the State emits bonds to the public for short or long term investment with interest, the money should be invested as if in a banking scheme in economic projects which can offer a financial return, and not to cover a budget. Once public deficit is produced to cover budget spending, it is unlikely the State will be able to repay the debits without incurring into further and greater debits, as the cycle would protract in time, one budget deficit adding to the other.
In order for public spending to be covered, it is necessary to re-establish the lost sectors of economic production that have been transferred abroad through unrealistic e.u. monetary and trade policies. These sectors of economy would not only reverse the imports of products that used to be typically produced in Britain, but also contribute to exports. More workers and factories paying tax into the Council and national treasuries of Britain would mean more available funds to cover public spending.
Houses and rent
Houses should be valued at their proper market value without speculation prices being added. The cost of housing and rent would probably go down by over half, possibly two thirds. This would greatly alleviate private household spending, and also make it possible for people to work less hours and thereby share the available work out among all British citizens ready to be employed.
The idea of working for economic prosperity for the public good does not leave space for speculation (that which goes beyond a reasonable profit margin). Once spiralling out of control and practised by wider circles of people, speculation contributes to economic bankruptcy, as money earned through speculation inevitably means acquiring it from other people, who must then work more in order to pay it, or lose their property, which is unfair. Houses should be priced at their proper value with no speculation added.
Unreasonable salaries
People running boards such as share-companies that are not their private property, cannot use the financial resources of the company to buy other companies, this not being their duty, and cannot establish their own salaries, nor any golden handshakes on departing from their post. As administrators of a company of which they are not the private owners, any decision concerning investment out of the company's sphere must be examined and approved by a Council economy board or by a specific national economic board.
Small businesses
One of the functions of Council economy boards is to ensure that small businesses function according to the regulations, and to ensure that they are not put out of business or bought up by competing companies.
Free market economy is supposed to be based on local production and small factories distributed in towns and cities, and also in villages, and not on large companies devouring the businesses and centralising mass production in one area or in one factory.
Court of Economy
A Court of Economy would ensure that economic legislation is preserved for the greater benefit of many productive firms spread out over the Country, and prevent centralisation on the part of large companies buying up small ones and putting them out of business.
It would also safeguard the autonomy of District and County economy boards from contrary government legislation, which would lead to bankruptcy and, in its final stages, to e.u. Politburo centralisation of economy, with one centralised parliament reigning over many countries and finally destroying economy. Citizens' rights in the participation of economy can never be sacrificed to imported labour from abroad nor to colonisation of our Country.
The Court of Economy would act as a constitutional Court for preserving the economic legislation and preventing a political party from establishing contrary laws. The devastation that struck the British economy through years of e.u. Politburo legislation, centralisation and colonising tactics to supplant the British People, must never happen again.
