Economic Protocols

[MapleUnity]

Haha, yeah. You did a way better job then me, I don't know how I missed it

Anyways, yeah ... we passed it

[Reiko]

Haha, yeah. You did a way better job then me, I don't know how I missed it

Anyways, yeah ... we passed it

No problem we Moderators are very versatile

That's great! Then now you should periodically update Likatonia's info in the Economic Information thread.

[Lucca]

Thank you very much for offering and revising this
Signing up please:

http://classic.particracy.net/viewbill. ... lid=331250

and Happy New Year everyone!

[neopolicies]

I will try to implement in Badara.
http://classic.particracy.net/viewbill. ... 7&vote=yes

After it passes then?

[haven222]

I have a question. In the 50's the top bracket was 70%-90%. Although it may seem "socialistic" right now(because of right wing propaganda), the income gap was smaller, unemployment was low, jobs were stable, we didnt have this outrageous debt or inflation, gas prices were lower. I think in the 50's we were actually a more patriotic country nation then, so to say it is left and socialistic to have higher taxes is incorrect, unless you watch fox news.

So the deal of high or low taxes determining whether your nation is going to be rp into a right or left nation should not be so, unless is corporate taxes, but i think income taxes should be left alone.

[zlopado]

Haven222, you are an angry person.

Anyway, if you round down to the nearest vote Cobura has now adopted the Economic Protocols!
http://classic.particracy.net/viewbill. ... lid=337437

[Urien]

Thanks for joining!

Basically, the economic protocols just make things a bit more realistic for you and somewhat "even the playing field", although that may not be the best term.

As to your question, Haven, those were different economic times. The economic protocols are based upon general economics that one would learn in a "101" or introductory class. I'm sorry if you disagree, but those are the facts.

[Hugh Green]

Not to be picky, and while I generally accept the protocols - though in RP I would highlight very different effects I think - I don't think you can go calling anything a 'fact' when talking about economic theory. Haven if you disagree with them then either don't sign up or sign up and RP it with a bit of an edge. :p

[Reiko]

To be fair, the main purpose of the Economic Protocols is to deal with the debt and deficits, and to add some realism to choices of economic systems ("you can't have it all"), and the protocols can still be altered to take care of that, either more effectively (if need be), and/or solely.

The game was built based on a liberal-free market system and Keynesian model of economics, and thus the protocols are based off of such a capitalistic system. Furthermore, theoretically socialism or communism are a general world economic model; without worldwide implementation, you would have some trouble with people emigrating your country (brain-drain).

On the taxes, socialistic nations tend to have higher income taxes, while capitalistic have lower taxes. Note here, that we do not calculate the tax rate or the tax brackets, we calculate the percentage of income tax relative to the GDP. And we are not saying one is better than the other, on the contrary, both sides have listed negatives (eg. brain drain for the "left", poverty for the "right" etc.).

But we don't want to deter those kind of economic systems of being played, and it seems a lot of players do establish such models within particracy.

[LukasV]

After reading through, a lot of the clauses are very insistent on removing the possibility of a "perfect country". While I would assume that this is the goal here, there is a lot more focus on the negatives than the positives of the economy. Nonetheless, this is the reality factor that is needed. Valruzia will try to adopt these protocols, and will urge other nations to do so as well.