Basic Income Party "Abolition of the Ultra-metropolitan Special Zone Act... Profit sharing system must be introduced" (comprehensive)

On the 9th, the Basic Income Party urged, “We must abolish the ultra-metropolitan special zone law promoted by the government and ruling party and introduce a profit-sharing system to share the results of industrial innovation with citizens.”

The 5th Basic Income Party leadership, including Representative Oh Joon-ho, Floor Leader Yong Hye-in, and Supreme Council Member Shin Ji-hye, held a press conference at the Gwangju building of the Jeonnam Gwangju Unified Special City Council on this day and said, "Ultra-regional industrial policies should be designed in a way that guarantees citizen participation, regional coexistence, and labor rights and the environment."

They argued, “If public finances support industrial growth, profits should also go to citizens,” and “We should introduce a profit-sharing system that secures public investment shares and profit participation rights and distributes them to citizens.”

He went on to say, “Special provisions and excessive deregulation that regress labor rights, such as exceptions to the 52-hour workweek and extension of the employment period for non-regular workers, should not be implemented,” and “We must also prepare responsible plans for energy, water resources, and the environment.”

The Ultra-Metropolitan Special Zone Act is a bill that applies financial and tax support and regulatory special provisions to various attempts to jointly promote strategic industries.

After finishing the press conference, the Basic Income Party leaders visited the National May 18th Democratic Cemetery in Unjeong-dong, Buk-gu this afternoon to pay respects to the May 18 memorial service.

At the door of democracy, Representative Oh said, "In 2027, we must achieve a constitutional amendment that includes the spirit of May 18th in the preamble to the Constitution," and added, "The new Constitution must also contain provisions to strengthen the foundation of the democratic republic, such as a presidential runoff election system and reform of the Supreme Court justice appointment process."

Before visiting the shrine, Representative Oh wrote in the guestbook, “With the spirit of liberation in Gwangju in May, we will open the Republic of Korea with basic income and a better future for everyone.”

Representative Oh then met with Mayor Min Hyeong-bae at the Gwangju City Hall and discussed cooperation measures such as ▲ sharing the benefits of industrial innovation, ▲ accelerating the transition to renewable energy and distributing profits to residents, and ▲ promoting the full implementation of basic income for rural and fishing communities.

Representative Oh suggested that the integrated city establish a channel for constant consultation with the Basic Income Party and the Jeonnam Gwangju City Party.

Afterwards, the Basic Income Party visited the Gwangju YMCA citizens' incense burner and promised to the representatives of the bereaved families of the Jeju Air disaster at Muan Airport on December 29, "We will be with you until the end until the truth is revealed," and conveyed the party's intention to participate in the December memorial service.