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Bill: Trade and Industry (Second) Act
Details
Submitted by[?]: Solentian 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: September 2150
Description[?]:
| (PLEASE SEE ORIGINAL BILL FOR DEBATE) 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
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Debate
These messages have been posted to debate on this bill:
| Date | 10:40:53, December 03, 2005 CET | From |  Solentian Socialist Party | To | Debating the Trade and Industry (Second) Act |
| Message | Sorry for the mix-up. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 384 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 295 |
| Random fact: The use of proxy servers makes it impossible to detect multiing and is therefore forbidden. Players who access Particracy through a proxy will have their accounts inactivated. |
| Random quote: "The main problem of the left is that it has been traditionally divided and unable to reach agreements between different leftist views, whilst the right has almost always moved in the same direction by giving concessions to different rightist points of view." - Aelius Celer, former Selucian politician |