Xsampa

[Elena1012]

The Xsampan Economy and wages; A report of where it is by 5711.
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March 19th, 5711
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It's been clear that the 5700s has been an era of growth for the Xsampan economy. Between the Tsokling Reform Act of 5700, Worker Income Advancement Act, industrial expansions, and the formation of DEAB, economic growth has been fairly consistent for the past decade. While it's far too early to say whether that'll continue into the 5710s, economic growth in Xsampa doesn't mean the same thing as it does in capitalist countries, as the ones who do benefit from economic growth in Xsampa, is the proletariat. And recent Cultural Trends have seen Xsampans benefit from that growth, as wages rise, and spending power increases.

So, the question is, what exactly is causing that? It's easy to simply say, the economy is growing and doing good, but that's rather vague. So, what exactly is contributing to rising wages, spending power increasing, and the wealth of Xsampans? First things first, a clear distinction needs to be made. In capitalist bourgeois economies, wages stay low structurally, because of the nature of capitalism. Unemployment disciplines workers, and forces them to be desperate. And desperate workers will take any job. Or often times, benefits are tied to jobs, but it is worth noting that social democratic states and progressive states often embrace universal welfare of some form. So what does this mean? Wages stay low because someone will always be there to take low wages. In Xsampa, this isn't the case as the Tsokling ensures that benefits are not tied to employment, but are guaranteed to all Xsampans, such as education, healthcare, or sickcare. Even at their most desperate, workers in Xsampa aren't forced to beg for slave wages. Combine this with the 32 Hour Work Week, and both State Operated Enterprises, and Social Enterprises are forced to offer more to get workers. 

Speaking of that labour scarcity, it matters far more than you'd think. Fewer work hours means employers have to compete for workers, instead of relying on desperation like in free market systems. Because there isn't a reliance on gig economics, immigration shocks or wage suppression, wages only have one place to go. Up. Combine this with WIAA and SERA, and workers find themselves with more money. Why? Because worker dividends are mandatory, innovation bonuses are real, and capped, and surplus can't be used as private capital. Productivity shows up as more take home pay, more dividends, and larger annual distributions. Alongside this, domestic demand produces stability for the internal market. Xsampans have income stability, whether on MBI or not, they don't collapse during downtimes, and Xsampans have the money to consume. This means Social Enterprises, which often handle consumer goods, can plan accordingly. Sure, endless growth isn't chased like in capitalism, but endless growth is the logic of the cancer cell. 

Furthermore, educated workers. An educated worker is bound to get a higher paying, advanced job. And with education being universal for Xsampans, the average workers skill will rise, which means more workers can qualify for technical roles, and management roles can rotate in co-operatives. This, of course, leads to wage expectations rising. But what about the ethical workshop? That's where the ethical part comes in, as if we embraced being a workshop to the world with cheap goods, we'd see none of this. Focusing on ethically made goods, and while expensive to the world, have done wonders. We know our niche, and aren't chasing the world to be cheapest, so wages aren't suppressed for competitiveness. 

Those, are the reasons for why wages are rising in Xsampa. Obviously wages aren't exploding in growth, but slow and steady is something Xsampa is no stranger to. However, the issue of inflation is worth noting as while it isn't an issue, it can easily snowball into a major one, as is the case with any economic growth. Fortunately, inflation in Xsampa is usually driven by demand, not by financial bubbles like in the West. During periods of strong growth of wages and the economy, inflation will rise, but because of domestic first production, a lack of speculation, and co-operatives not extracting maximum profits, inflation is tamed. 

Because of these factors, Xsampans find themselves with more money to spend, and more purchasing power, which leads to Xsampans looking to leisure. Which impacts the culture, as the population is no longer reliant on the MBI (however there are still many Xsampans on MBI as the bracket remains at 55% at the moment of writing), meaning Xsampans can actually live, and not just survive.
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In Other News;

What did the Planned Economy get right? And what did it Market Socialism improve upon?

Xsampa secures 12th place out of 13 in the Olympics; Celebrations occur!

Cynicism, Idealism, and Absurdism; Why Xsampans favour Idealism.
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Today's Quote of The Day; "The Xsampa of tomorrow, is here today."
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Glory to the Xsampan Revolution! Glory to the Xsampan Proletariat!

The People's Committee for Information is a worker owned, news source in Xsampa, dedicated to spreading the words of the revolution. Ensuring that Xsampans hear news, both foreign and domestic from a strongly socialist lens, the PCI ensures a strong, stable, socialist society for Xsampa.

གྲལ་རིམ་ལ་གཟི་བརྗིད་ཤོག

Gloire à la Révolution ! Gloire au prolétariat!