IN THE EcoNOMIC FIELD The principle of self-reliance must be implement- ed in economic affairs even while our revolutionary forces are still creating the rural base areas and guerrilla zones. We must engage in production and not limit ourselves to the cash inoome and expense ac count based on contributions, confiscations or war bonds. We must use our resources wisely by follow. ing strictly the style of simple living and hard work We must confiscate the property of the imperial ists, the exploiting classes and traitors to benefit the proletarian and semi-proletarian masses The state shall run all nationalized enterprises and all sources of raw materials and power All enterprises which have a monopolistic character shall be taken over The state sector of the economy shall have a socialist character and shall constitute the leading force of the whole national economy. The national bourgeoisie shall be allowed to develop capitalist production but only to the extent that it does not dominate or hamper the livelihood of the Filipino people. The lands of the landlords shall be distributed at no cost to the peasants who have little or no land. The principle of equalizing landowners shall be implemented Cooperative enterprises shall be ini tiated among owner-cultivators and other petty producers as the first step towards socialism. A rich peasant economy will be allowed within a reasonable period of time. Even landlords who have not com mitted public crimes shall be afforded the opportunity of earning a living although they shall not be put in any position to decide or influence decisions. Before the nationwide victory of the revolutionary movement, the leading organs of the Party and the base government shall make the appropriate eco nomic policies the base areas and in adjoining guerrilla zones on the basis of the concrete situation. They will see to it that before an economic reform is undertaken in a certain area there are enough cadres and revolutionary organizations to ensure the proper adjustments of interests among the people.