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Bill: Foreign Investment Act
Details
Submitted by[?]: Market Socialist 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: April 2144
Description[?]:
| An act to incourage foreign investment. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Debate
These messages have been posted to debate on this bill:
| Date | 17:07:14, November 19, 2005 CET | From | Aldurian Libertarian Socialist Party | To | Debating the Foreign Investment Act |
| Message | We will support this bill. We're not protectionist, even if we are strong proponent of worker empowerment. |
| Date | 18:57:17, November 19, 2005 CET | From | United Socialist Front | To | Debating the Foreign Investment Act |
| Message | Whoa whoa whoa... Take a look at what happened to Argentina? Taiwan? South Korea? the entire East and South Asian economic crisis of ''96? These are all very modern economic depressions. They happened when too much foreign capital flowed in, and then was suddenly withrawn or the bubble burst, absolutely ruining the economy. We don't mind foreign investment, just make sure they do not get a majority share, so we can atleast keep ourselves out of such an economic down fall. |
| Date | 21:02:54, November 19, 2005 CET | From | Aldurian Libertarian Socialist Party | To | Debating the Foreign Investment Act |
| Message | I think the solution is to implement free trade agreements that include clauses to protect the worker of every countries. Also, since we promote worker managed enterprises, these will take over the traditional business if they become too instable. |
| Date | 00:18:08, November 20, 2005 CET | From | Jacobites | To | Debating the Foreign Investment Act |
| Message | This bill has little to do with the workers, more with the flow of capital. We see no need to limit this flow, thus we can support. |
| Date | 06:59:15, November 21, 2005 CET | From | United Socialist Front | To | Debating the Foreign Investment Act |
| Message | Does no one follow contemporary economics in developping and developped nations? No developped nation has this, all developping ones do. The first that implement this become the latter. Examples abound... Take South East Asia, in the crisis of ''96: all of them had this "free market laissez-faire" attitude except Malaysia... Everyone said Malaysia was committing "economic suicide"... but guess who was not affected by the economic crisis? and guess who emerged out of it stronger than ever? Malaysia. |
| Date | 15:05:28, November 21, 2005 CET | From | Market Socialist Party | To | Debating the Foreign Investment Act |
| Message | Yes, but this cannot be just because the government allowed foreign companies to have majority shares. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 295 | |||||
| no | Total Seats: 106 | |||||
| abstain | Total Seats: 0 |
| Random fact: Characters are considered to be "owned" by the player who first mentioned or created them. In practice, players may share responsibility for role-playing a character, but ultimate authority rests with the owner. |
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