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Bill: Trade and Industry Act

Details

Submitted by[?]: Solentian Socialist Party

Status[?]: passed

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: September 2150

Description[?]:

THIS IS A DISCUSSION ON INDUSTRIAL POLICY.

Industrial policy at the moment dictates that the government only intervenes in the market by "nationalizing failing industries" thought vital to the well being of the economy. In practise, however, such a programme is highly expensive and inefficient. After all, collapsed industries must be rebuilt, which requires greater public spending. In short, it is a losing battle - asking the public sector to repair the damage caused by the incompetence and selfishness of private industry. We must remember that a private industry doesn't care whether the public has access to "vital goods or services".

The SSP doesn't believe this is good enough - we believe in the mixed economy. Yes, we recognise the benefit of competition, especially in the service industries. But we also recognise the role of the public sector in ensuring high productivity, high employment and economic stability. To ensure this, intervention in the economy needs to be planned and forward thinking, not a desperate last resort. We believe government policy on this issue should be changed to, "certain industries are owned by the state, all others are under private ownership." Industries vital to the Solentian economy, either due to the goods or services they provide, or their role in lowering unemployment and poverty, should be publicly owned, so as to ensure we are not constantly adapting to fluctuations in the market.

The SSP is not advocating the abolition of the market economy. We do, however, believe that a proactive policy towards the economy, including the democratic ownership of vital industries, is necessary to ensure stability and prosperity. Prudence dictates that we cannot turn our heads and ignore the possibility of economic catastrophe taking us unaware. There is not one party in Solentia that doesn't support regulation of some form or another - so we ask you to support us on this issue as partners. Only by recognising the role of the public sector in the market can we ensure that stability, prosperity, accountability and fairness are upheld.

Proposals

Debate

These messages have been posted to debate on this bill:

Date20:41:11, December 01, 2005 CET
FromSolentian Socialist Party
ToDebating the Trade and Industry Act
MessageIndustrial policy at the moment dictates that the government only intervenes in the market by "nationalizing failing industries" thought vital to the well being of the economy. In practise, however, such a programme is highly expensive and inefficient. After all, collapsed industries must be rebuilt, which requires greater public spending. In short, it is a losing battle - asking the public sector to repair the damage caused by the incompetence and selfishness of private industry. We must remember that a private industry doesn't care whether the public has access to "vital goods or services".

The SSP doesn't believe this is good enough - we believe in the mixed economy. Yes, we recognise the benefit of competition, especially in the service industries. But we also recognise the role of the public sector in ensuring high productivity, high employment and economic stability. To ensure this, intervention in the economy needs to be planned and forward thinking, not a desperate last resort. We believe government policy on this issue should be changed to, "certain industries are owned by the state, all others are under private ownership." Industries vital to the Solentian economy, either due to the goods or services they provide, or their role in lowering unemployment and poverty, should be publicly owned, so as to ensure we are not constantly adapting to fluctuations in the market.

The SSP is not advocating the abolition of the market economy. We do, however, believe that a proactive policy towards the economy, including the democratic ownership of vital industries, is necessary to ensure stability and prosperity. Prudence dictates that we cannot turn our heads and ignore the possibility of economic catastrophe taking us unaware. There is not one party in Solentia that doesn't support regulation of some form or another - so we ask you to support us on this issue as partners. Only by recognising the role of the public sector in the market can we ensure that stability, prosperity, accountability and fairness are upheld.

Date06:17:36, December 02, 2005 CET
FromCommunist Fascist And Anarchial Party
ToDebating the Trade and Industry Act
Messagewe would agree with that proposal

Date07:25:42, December 03, 2005 CET
FromUnited Centrists
ToDebating the Trade and Industry Act
MessageThe SSP makes a very good point in regards to the problems with the current policy. We could support their proposal.

Date10:40:51, December 03, 2005 CET
FromSolentian Socialist Party
ToDebating the Trade and Industry Act
MessageSorry, we seem to have moved this to a vote without adding the proposal!

If people would mind ignoring this (or voting for it, heh) and make their way to the Trade and Industry (Second) Act, we'd be very grateful. Sorry again - it's very early here!!

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Voting

Vote Seats
yes
     

Total Seats: 384

no

    Total Seats: 0

    abstain
      

    Total Seats: 295


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