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Bill: Nationalization Acts of 2687
Details
Submitted by[?]: Communist Party of Vanuku
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: September 2687
Description[?]:
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Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates and owns all banks.
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies which are not subject to any special regulations.
Current: Energy provision is left to local governments.
Proposed: Energy is provided by nationalised companies.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 4
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: The government owns the stock exchange(s).
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 68 | ||
no |
Total Seats: 4 | ||
abstain | Total Seats: 20 |
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