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Bill: Establishing Social Ownership of Major Industries
Details
Submitted by[?]: Leviathan Party
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: March 2088
Description[?]:
| Bill description below. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Debate
These messages have been posted to debate on this bill:
| Date | 23:47:57, July 28, 2005 CET | From | Vast Right Wing Conspiracy Party | To | Debating the Establishing Social Ownership of Major Industries |
| Message | Not gonna support this. |
| Date | 00:16:08, July 29, 2005 CET | From | Leviathan Party | To | Debating the Establishing Social Ownership of Major Industries |
| Message | This bill would establish several new institutions and practices for the Malivian economy. First, it will make major industries socially owned. Social ownership is not state ownership; socially owned industries are owned equally by all citizens of a country. In essence, this makes all citizens equal shareholders in the socially owned industries. Second, the management of the socially owned industries will be as follows. Citizens will elect regional and national officials to oversee the administration of these industries. These elected officials will then hire boards to run each individual business, and these boards will then hire corporate officers as usual. This plan, and we must be very explicit about this, preserves the current management system in place, and will not require internal restructuring of the socially owned industries. The corporate officers of each business will report to the board, as usual, and the board will then report to the people’s representatives, the aforementioned elected officials, on the progress and running of the businesses. This provides political oversight of major industries, and makes these businesses accountable to the public almost directly: if we are unsatisfied with the practices of a business and our officials do nothing, they will lose their job as any politician would. Third, we will institute a ground up production plan. Let us note that it is a fiction to say that privately owned corporations don’t plan production, in case any wish to trot out the specter of a command economy. Private corporations do not throw darts to see what they produce, they do research, put products in front of focus groups, project demand and costs, and then produce what is going to make them the most money. Individual retail outlets, in the same vein, must be able to accurately project demand so they can order the proper goods in the proper quantities. Thus, socially owned industries will base their production plans on the demand of consumers, collected through retailers and local bodies. This ensures both ex post adjustment and the production of goods in demand, both key features of markets. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 50 | |||
| no | Total Seats: 48 | |||
| abstain | Total Seats: 2 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "What we are doing to the forests of the world is but a mirror reflection of what we are doing to ourselves and to one another." - Gandhi |