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Bill: Market to the Market Act
Details
Submitted by[?]: Deltarian Liberal Movement
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: September 3178
Description[?]:
| The Liberal Party would like to bring the following analysis to the table, we believe that this sums things up in a more expert manner than any particular statement from the party. "The basic economic argument given for privatization states that governments have few incentives to ensure that the enterprises they own are well run. One problem is the lack of comparison in state monopolies. It is difficult to know if an enterprise is efficient or not without competitors to compare against. Another is that the central government administration, and the voters who elect them, have difficulty evaluating the efficiency of numerous and very different enterprises. A private owner, often specializing and gaining great knowledge about a certain industrial sector, can evaluate and then reward or punish the management in much fewer enterprises much more efficiently. Also, governments can raise money by taxation or simply printing money should revenues be insufficient, unlike a private owner. If private and state-owned enterprises compete against each other, then the state owned may borrow money more cheaply from the debt markets than private enterprises, since the state owned enterprises are ultimately backed by the taxation and printing press power of the state, gaining an unfair advantage." |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 2
Proposal[?] to change The nation's defence industry.
Old value:: The state owns national defence industries but these exist alongside privately owned defence industries.
Current: Defence industries are privately owned but subsidised by the state.
Proposed: Defence industries are privately owned but subsidised by the state.
Article 3
Proposal[?] to change Train Operating Companies (TOC).
Old value:: Private companies operate regional TOC's. The national service is provided by a publicly owned, national TOC.
Current: The State owns and operates a national TOC, alongside private TOCs.
Proposed: Private companies operate TOCs throughout the country.
Debate
These messages have been posted to debate on this bill:
| Date | 10:47:12, September 06, 2011 CET | From |  Democratic Party | To | Debating the Market to the Market Act |
| Message | Sorry, we disagree with all articles, current version is better for us. DP |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 136 | |||
| no |
Total Seats: 228 | |||
| abstain |
Total Seats: 386 |
| Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: "Since when did you care about women?" - Faith Chiang, former Gaduri politician |