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Manifesto Introduction
 
The party defines itself by the five core policies. So that members and non-members clearly understand what the party stands for, these cannot be changed. At present they are principles the details of which will be decided according to the party constitution
 
All other policies will be decided according to the constitution
 
Below is a provisional list of headings for the Mani-festo each with a link to a page
That page contains provisional ideas for discussion.

Read this, as work in progress. Only DRP paid up members can comment and so if you want to have your say:

 

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A NEW CONSTITUTION FOR BRITAIN
Constitution Design
Executive
House of Commons Senate
Autonomous Regions

Electoral System

Democracy
Judiciary
Constitutional Court Supreme Court
Functions of Government Public Services Board Monetary Policy Board

Monarchy

 


 

ECONOMICS
Banking

Finance
Globalization
Monetary reform

Personal Finance

Austerity

Great Crisis

 

 

TAXATION
Tax havens
Corporation tax
Income tax
Wealth tax

 

REGIONS
Federal nation
Autonomous regions

 

INDUSTRY
Skills training
Industry needs
Business development
Export assistance

Employment

 

PUBLIC SERVICES
Health
Education
Utilities
Transport Road Rail Air
Social Housing
Postal Services, Telecommunications
Police
Fire Service
Prisons
Probation Service
Waste/ pollution

 

FOREIGN AFFAIRS
Europe
Commonwealth

Islamic World
War
Military provision

 

SOCIETY
Families
Social exclusion
Minorities and race relations,
Citizenship

Economic enfranchisement
Church of England
Civil Society
Deprivation
Youth
Meritocracy
Immigration

Ethical Issues
Humanitarian issues/Animals

 

NATIONAL PLANNING
National planning strategies
Coordination of regions
Transport

Energy/Climate Change

 

 

LAW
Human rights
Liberty
Economic rights
Citizenship
Penal reform
Vice
Drugs
Prostitution
Gambling

 

CULTURE
Arts
Broadcasting/BBC
Press

 

POLITICS
Political parties
Corruption
Protest
Political philosophy

 

SPORT/LEISURE

 

ENERGY

 

ENVIRONMENT

 

AGRICULTURE

 

CEREMONIAL

 

CIVIL SERVICE
Government departments
Prosecution Service

 

 

 


 

ISSUES DISCUSSED IN THE NEWSLETTERS NOT LINKED TO THE MANIFESTO

 

HISTORY

British Republican History

 

OTHER NATIONS

USA

 

 

 


 

 

4 Banning of exotic financial instruments

 

It is well known that the banks and the financial services have engaged in all sorts of financial trickery using “exotic instruments” that play havoc with the world and national economies. These instruments become ever more complicated and ingenious making the regulation of them by authorities such as the British Financial Services Authority (FSA) difficult to impossible. As a result the FSA, for instance, has to resort to an unhealthy exchange of staff and opinion with the banks in order to give the suggestion at least of some control. The result is that the big banks and their “advisors” to a large extent determine what the regulator does for the latter is dependent on their cooperation.
So what is to be done? There is a lot of talk of “derivatives” as being a great part of the problem of the banks manipulating the financial system. But without going into the details here of how derivative function we simply note that derivatives according to their old definition (i.e. pre-1992) are not the problem. The problem is with so-called “credit derivatives”. But these are not strictly derivatives at all. These instruments are wholly malign for the general economy and do not correspond to the way the players in a capitalist economy should naturally behaves. Credit derivatives should be banned outright.
They are the second in our list of instruments that should be banned because they are the second oldest. The oldest is the process of securitization which began in the 1960 but came into its own following Margaret Thatcher’s “Big Bang” of 1986. We begin with these not just because they are the oldest but because they for the others to be built.

ifesto ready for the 2015 General Election to create a society of Virtue, Freedom, Aspiration, Wealth and Peace for all

 

A Securitisation

B Credit Default Swaps

C. Synthetics

 


 

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© COPYRIGHT. All content of this website unless otherwise indicated is the copyright of Peter Kellow. You may freely quote and republish content on condition that you acknowledge the author the source and give the link to the website www.democraticrepublicanparty.co.uk

 

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CREATING A REPUBLICAN PARTY IN BRITAIN