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Socialism

A society where wealth and resources are distributed equitably among all citizens, ensuring everyone's basic needs are met and reducing economic disparities.

Overview Issues Discuss

Socialism policies on economic issues

These issues below are sorted in descending order based on how important the average Australian voter ranked them on the quiz.

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the Economy  ›  Equal Pay

Should employers be required to pay men and women the same salary for the same job?

S>S  ChatGPTYes, and businesses should be required to publish their salary ranges for each position

the Economy  ›  Taxes

Should the government raise taxes on the rich?

S>S  ChatGPTYes

the Economy  ›  Minimum Wage

Should the government raise the federal minimum wage?

S>S  ChatGPTYes, and adjust it every year according to inflation

the Economy  ›  Four-day Workweek

Should Australia transition to a four-day workweek?

S>S  ChatGPTYes, and require overtime pay for work over four days per week

the Economy  ›  Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

S>S  ChatGPTYes, and collectivize all industry

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the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

S>S  ChatGPTYes, everyone should receive an income to cover basic necessities including food and housing

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

S>S  ChatGPTNo, this is a waste of time and money

the Economy  ›  Corporate Tax

Should Australia raise or lower the tax rate for corporations?

S>S  ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy  ›  Welfare

Should there be fewer or more restrictions on current welfare benefits?

S>S  ChatGPTFewer, current benefits do not provide enough support

the Economy  ›  Labor Unions

Do you believe trade unions help or hurt the economy?

S>S  ChatGPTHelp

the Economy  ›  Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

S>S  ChatGPTNo, increase taxes on large multinational corporations instead

the Economy  ›  Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

S>S  ChatGPTNo, but drastically increase taxes and import tariffs on outsourcing businesses

the Economy  ›  Farm Subsidies

Should the government subsidise Australian farmers?

S>S  ChatGPTYes, but only small local farms instead of large corporations

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

S>S  ChatGPTYes, adjust them yearly for cost of living

the Economy  ›  CEO Pay Cap

Should the government enforce a cap on CEO pay relative to the pay of their employees?

S>S  ChatGPTYes

the Economy  ›  Surcharge Ban

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

S>S  ChatGPTYes, all costs for a service should be included in the final purchase price

the Economy  ›  Offshore Banking

Should Australian citizens be allowed to save or invest their money in offshore bank accounts?

S>S  ChatGPTNo, and neither should corporations and business organizations

the Economy  ›  Tariffs

Should the government add or increase tariffs on products imported into the country?

S>S  ChatGPTYes, this will help create and save more jobs

the Economy  ›  Trans-Pacific Partnership

Do you support the Trans-Pacific Partnership (TPP)?

S>S  ChatGPTNo, this will incentivise companies to move jobs out of the country

the Economy  ›  State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

S>S  ChatGPTYes, the government should receive equity for any financial aid they provide to companies

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

S>S  ChatGPTYes

the Economy  ›  Private Equity Compensation

Should the government increase taxes on private equity executives?

S>S  ChatGPTYes

the Economy  ›  Decentralised Finance

Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

S>S  ChatGPTYes, but I would prefer if the protocol was created and secured by a government agency instead of a decentralised protocol

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

S>S  ChatGPTNo, but the government should create an official digital currency

the Economy  ›  Stock Buybacks

Should the government tax stock buybacks?

S>S  ChatGPTYes, but I would prefer if they were banned

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