Supervision Commitee for Marxist-based Market of Sunda Raya

Supervision Commitee for Marxist-based Market of Sunda Raya
	; Logo of the Komsekom
	Motto: ; Menuju sosialisme ; (Towards socialism);
Established	4 March 2014
Disestablished	28 July 2014
Country	The Democratic Republic of Sunda Raya
Type	National Economic Supervision Commitee
Subordinate of	Supreme Soviet of Sunda Raya
Leadership
Leader	Collective Leadership Presidium
General information
Headquarters	Komune Bandung Raya, Sunda Raya
Website
	official Facebook page

Supervision Commitee for Marxist-based Market of Sunda Raya, officially known as Komite Supervisi Ekonomi Marxis (KOMSEKOM) was a non-ministerial government department of the Democratic Republic of Sunda Raya that regulate the market of Sunda Raya. This commitee was formed in order to keep the gradual development of socialism consequently in Sunda Raya. Moreover, the creation of this commitee showed the commitment of the government of Sunda Raya in implementing the socialist-oriented market economy in the past.

Background

Sunda Raya had allowed the private ownership of small enterprises alongside state-run and collectively-owned enterprises. Additionally, the government had introduced a greater role for market forces for coordinating economic activity between enterprises and government agencies during the Socialist-Oriented Market Economic System Era. The state sector, however, played a decisive role in directing economic development. The government had also enacted the NEP (New Economic Policy), which allowed private individuals to own small enterprises, while the state continued to control banks, foreign trade, and large industries.

In order to regulate the market and to keep the gradual development of socialism consequently in Sunda Raya, a committe that elected and subordinate to the Supreme Soviet of Sunda Raya was needed. Therefore, the KOMSEKOM was formed by a resolution of the Supreme Soviet on March 4, 2014.

Role

The KOMSEKOM has the authority to supervise all economic activity in Sunda Raya. Every bank, cooperatives, private or collective enterprises that run their economic activity inside the territory of Sunda Raya must report all their activity to the KOMSEKOM. It also act as a corruption, collution, and nepotism eradication commission. Under the direction of the Supreme Soviet, the KOMSEKOM controls the market in order to prevent the capitalistic anarchism in production, and the monopolistic despotism. As the subordinate of Supreme Soviet, the KOMSEKOM reports regularly to the Supreme Soviet.

The NEP

The KOMSEKOM has been established as the official government institution to supervise the implementation of NEP (New Economic Policy) enacted by the Supreme Soviet. The greater role of the commitee is needed to protect the people's interests as the private sector increased in order to increase the productive force.

Dissolution

As the Socialist-Oriented Market Economic System Era ended after the adoption of Trotskyite 4th International Transitional Program and the re-implementation of "pure" Marxist-Leninist Economic System, all of the privately owned large and strategic industries were expropriated to the hands of the workers. Today, the privately owned enterprises are almost vanished from Sunda Raya although the government does not ban the possesion of a private enterprise with several conditions - ie. the owner must do all production job (not hiring workers for the owner's profit). The government, however, will always enforced progressive taxes for every kind of private enterprises ini Sunda Raya. Therefore, the workers had achieved its primary goals in building socialism and the supervision commitee to supervise the capitalistic production is no longer needed. Thus the workers have a right to plan and to supervise the economy theirself.

Structure

The KOMSEKOM consisted of seven sections, which are:

General Administration Bureau
Legal Affairs Section
Monetary Policy Section
Market and Commodities Section
Financial Stability Section
Financial Survey and Statistics Section
Corruption Eradication Section