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Bill: Economic Deregulation Act

Details

Submitted by[?]: Lodamun Autonomous Republican 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: December 2442

Description[?]:

The government currently regulates certain parts of the market that are best left to regulate themselves more efficiently. We propose to fix this, saving the government money and bolstering the economy.

Proposals

Debate

These messages have been posted to debate on this bill:

Date05:40:01, August 14, 2007 CET
FromNew Conservative Left
ToDebating the Economic Deregulation Act
MessageFirst, the NCL finds it rather odd that a bill would deal with both forestry and pharmaceutical R&D.

That being said, onto the articles. The NCL objects to Article One, see as how subsidies for research encourage development of cures, not just profiteering from sicknesses. Businesses have no incentive to create products that would eliminate their market share.

The NCL also objects to Article Two. The free market is not infallible. The free market will never regulate the commons in a manner that is sustainable. Without restriction, corporations would devastate our climate by rapidly snatching up a common good before a competing firm does.

We admire the LARP's free market ambitions, but not their lack of reasonable approach to pragmatic and socially beneficial outcomes.

Date10:12:36, August 14, 2007 CET
FromUnited Republics Party
ToDebating the Economic Deregulation Act
MessageI agree with LARP

Date16:48:02, August 14, 2007 CET
FromLodamun Autonomous Republican Party
ToDebating the Economic Deregulation Act
MessageYou seem to misunderstand the first article; the government does not currently subsidise research but merely regulates prices.

We also disagree that the free market is not self-regulating. The free market will recognize that they need to replant trees after cutting them down in order to preserve future profits. They will recognize that cutting too much too soon will flood the market and drop prices. Thus they have a self-interested motivation to cut sustainably.

Date14:02:31, August 15, 2007 CET
FromLodamun Distributionist Party
ToDebating the Economic Deregulation Act
MessageOOC: Really? Tell that to the North American old-growth forests.

IC: It has been the experience of the LDP that most industry heads are far less concerned about the longterm continuation of their industry than they are the short-term profits and cushy retirement that they personally will have after they have fully exploited a market.

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Voting

Vote Seats
yes
   

Total Seats: 321

no
    

Total Seats: 199

abstain
  

Total Seats: 79


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