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unlimited freedom. Everyone throughout "Freeland" must be able to know at any time what commodities are in greater or less demand, and what branches of work produce greater or less profit. Thus in "Freeland" everybody has the right and the power to apply himself, as far as he is capable, to those forms of production that are at any time most profitable. A careful department of statistics publishes in an easily read and rapid form every movement of production and consumption, and thus the movement of prices in all commodities is quickly brought to everyone's notice. But in order that everyone may undertake that branch of production most suitable and profitable to him, from the information thus obtained, the necessary means of production, including the forces of nature, are freely at the disposal of all, without interest, but a repayment has to be made out of the result of production. Each has a right to the full return from his labour; this is obtained by free association of the workers. The entrance into each association is free to everyone, and anyone can leave any association at any time. Each member has a right to a share in the net product of the association corresponding to the work done by him. The work done is reckoned for each member in proportion to the number of hours worked. The work done by the freely elected and responsible managers or directors is reckoned, by means of free agreement made with each member of the union, as equal to a certain number of hours' work per day. The profit made by the community is reckoned up at the close of each working year, and after deduction for repayment of capital, and the taxes payable to the "Freeland" commonwealth, is divided amongst its members. The members, in case of the failure or liquidation of the association, are liable for its debts in proportion to their share of the profits. This liability for the debts of the association corresponds, in case of dissolution, to the claim of the guarantor members on the property available. The highest authority of the association is the General Assembly, in which every member possesses the same voting power, active and passive. The conduct of the business of the company is placed in the hands of a directorate, chosen by the General Assembly for a certain period, whose appointment is, however, revocable at any time. Besides this the General Assembly elects every year an overseer who has to watch over the conduct of the director
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