Sentences with phrase «basic economic rules»

Not exact matches

This economic reshuffle may require «a fundamental restructuring of our economic rules,» according to Ford, who proposes a guaranteed minimum basic income as one possible remedy.

It is important to note the political basis of an economic system as one of our basic dichotomies because there is a very real difference in the foundation of a capitalism in which the rules governing the system are determined by a few — rules concerning wages, monopolies, taxation, use of natural resources, government benefits, etc. — and one in which these rules are determined by representatives who are chosen by the general populace.

Economic life was supposedly ruled by certain unchangeable laws such as supply and demand, but the basic law was that of absolutely untrammeled competition and survival of the fittest.

The New Patriotic Party (NPP) in Ghana believes in the principles that democratic societies provide individuals with the best conditions for political liberty, personal freedom, equality of opportunity and economic development under the rule of law; and therefore being committed to advancing the social and political values on which democratic societies are founded, including the basic personal freedoms and human rights, as defined in the Universal Declaration of Human Rights; in particular, the right of free speech, organization, assembly and non-violent dissent; the right to free elections and the freedom to organize effective parliamentary opposition to government; the right to a free and independent media; the right to religious belief; equality before the law; and individual opportunity and prosperity.

Like economic society in liberal economic, theory Rawls» theory reasons from individuals - to - community and through a relatively basic method of consenual choice, utilizing transparant and universally applicable rules of individual rationality.

Commonsense also dictates that all economic operators within the internal market must, as diligent businessmen, be aware of the basic requirements of EU state aid rules and that investors should not be able to challenge changes to aid schemes when the host state has failed to notify the scheme accordingly.

It is certainly understandable that the objective of general deterrence is «particularly applicable to public welfare offences where it is essential for the proper functioning of our society for citizens at large to expect that basic rules are established and enforced to protect the physical, economic and social welfare of the public.»