Fandom

FSA Wiki

State Corporations in the Federated States of Antarctica

151pages on
this wiki
Add New Page
Talk0 Share

The system of state corporations in the Federated States of Antarctica is a unique type of socialism that allows a communist/socialist economic system to work within a capitalist world.

BackgroundEdit

In 1971, the United States Congress passed the Alaska Native Claims Settlement Act. The act divided the state of Alaska into 12 regional areas and created 13 regional corporations to administer those areas (the 13th corporation is allotted to Alaska Natives no longer living in Alaska at the time of the passage of the Act). Alaska Natives alive at the time enrolled in the Native Associations and received 100 shares of stock in the respective corporation. Native corporations were created to administer the land and the subsurface rights in the regions in which they cover. However, virtually all have expanded into business enterprises. The system of Antarctic state corporations is based on the ANCSA model.

Under the Antarctic system, each state resident has the option of enrolling in the State Corporation for a modest investment. Only one share of stock can be owned per person. The corporations own all land, structures, energy resources, and agricultural and manufacturing industries within the state that they cover. Each shareholder has an equal vote in corporate elections, as well as the right to receive an equal share of the profits earned by the corporation. State corporations are expected to branch out internationally and operate subsidiaries in capitalist countries. This will be an important source of revenue for the state corporations. Essentially, the subsidiaries will operate as capitalist businesses in capitalist countries to help support a socialist system in socialist Antarctica.

What makes the socialist system in the Federated States unique among socialist countries is that the state corporation is an entirely separate entity from the state itself. State, local, and Federal governments will operate very much as they do in capitalist countries. The corporations will be taxed substantially, however.

List of State CorporationsEdit

Federal CorporationEdit

  • Terra Nova Corporation (serves the same function as state corporations in the Capital District, but is an entity of the federal government)



Coat of arms of the Federated States of Antarctica

Federated States of Antarctica
People

David Powell (President) | Devon Moore (Vice-President/EA Governor) | Kyle Seddon (VL Governor) | Aaron Mantell (AM Governor) | Matt Anderson (Homeland Security Minister)

States

Alyeska | Amundsen | East Antarctica | New Swabia | Palmer Land | Polaria | Victoria Land | State Corporations

Cities

Amery | Amundsen City | Balleny | Darwin | Devonport | Ellsworth | Georgetown | Gottleib | Hillary | Hillcrest | Magellan | McMurdo City | Oazisgrad | Patuxent | Pensacola | Sagan | St. Anastasia | Shackleton | Terra Nova | Xue Long

Media

FSA Today | Magellan Times | Teleglob | TVA

Transportation

Che Guevara Magellan Intercontinental Airport | Gentoo Airways | Mikhail Gorbachev Intercontinental Airport | Transantarctic Highway System

Misc

Armed Forces | Currency | Flags | Foreign relations | McMurdo Stock Exchange | Names | National Anthem | Political parties | Regions | Space program

viewtalkedit

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.