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Government of the East Asian Federation
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The Government of the East Asian Federation is a variation of Representative democracy, known as corporate democracy. It consists of an Executive branch, headed by the Chief Executive Officer, a Legislative branch, headed by the Federation Board, and a Judicial branch, headed by the Supreme Court of the East Asian Federation. Corporate democracy exists as a way of blending the highly structured form of a corporation with the powers and sovereignty of a national government.
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The Government of the East Asian Federation is a variation of Representative democracy, known as corporate democracy. It consists of an Executive branch, headed by the Chief Executive Officer, a Legislative branch, headed by the Federation Board, and a Judicial branch, headed by the Supreme Court of the East Asian Federation. Corporate democracy exists as a way of blending the highly structured form of a corporation with the powers and sovereignty of a national government. For a corporation to enter government, it must first reach the Standards of Human Rights benchmark, as set forth by the Federation Charter. The Standard of Human Rights is a measure of the governing corporation's ability to provide basic services, such as Education, Utilities, and Healthcare, to its constituents. At any time that a corporation falls below the Standard, its ability to govern may be revoked and a special election to replace it will be called. Corporations inherently unable to provide basic services generally subcontract services to other corporations for a paid fee or other concessions. Employees of all corporations are guaranteed at least two shares of company stock. When governing corporations issue dividends, 10% of the profits issued go to the Government's Shared Dividend Fund, the general fund equivalent in the Federation. Government programs at the federal level, such as National Defense and Government Initiatives passed by the Legislature are funded by the Shared Dividend Fund in addition to Service Options purchased by citizens. This funding method is used in place of a levied tax on domestic citizens and business. Multinational corporations not based in the East Asian Federation are subject to corporate income taxes on goods and services sold in East Asia.
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