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Bill: Inefficient Market Subsidy Destruction Act
Details
Submitted by[?]: Party of Moderates
Status[?]: defeated
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: October 2416
Description[?]:
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Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government subsidizes private enterprises that face bankruptcy.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
Date | 09:12:38, June 19, 2007 CET | From | Aldegar Freedom Party | To | Debating the Inefficient Market Subsidy Destruction Act |
Message | We certainly support this - competition should not be marred by the government in any way, as failing industries are failing because of their inadequacies and substandard services/products in relativity to competition. It is important that these inadequate enterprises be allowed to go bankrupt without assistance, as this is the nature of competition - the weak are consumed by the strong; it is survival of the fittest, and it is due to this natural competition that the free market is so successful. Let market competitors fend for themselves - this is the only way to allow for unfettered competition and the risks associated with keeping a certain standard of service\product, and improving those standards, in order to compete efficiently in the market. In essence, failing enterprise deserves to fail and should be allowed to - keeping them alive through subsidy is prolonging the inevitable and marring competition unfairly: it is like helping the last runner in a sprint to keep up by giving him steroids. We definetly support. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 261 | ||||
no |
Total Seats: 289 | ||||
abstain | Total Seats: 0 |
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