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Bill: Economic Reform #3
Details
Submitted by[?]: Congress of the Good and Beautiful
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: November 2841
Description[?]:
Let it be hereby enacted that the nation commit to the singularly just and efficient mode of economic organization: free-market capitalism. |
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: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
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 | 15:26:21, October 30, 2009 CET | From | Congress of the Good and Beautiful | To | Debating the Economic Reform #3 |
Message | The public, the taxpayer, shall not be responsible for the failures of big business. Each man shall be responsible for his own lot and must suffer the consequences of his own failure. The market is better suited to recover from such losses on its own than we are to try and fix it. |
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Voting
Vote | Seats | |||
yes | Total Seats: 0 | |||
no | Total Seats: 70 | |||
abstain |
Total Seats: 130 |
Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
Random quote: "The smallest minority on earth is the individual. Those who deny individual rights cannot claim to defend minorities." - Ayn Rand |