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Bill: Establishment of the Kerisian Trade and Industrial League - May 3439
Details
Submitted by[?]: Kerisian Trade and Industrial League
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: January 3440
Description[?]:
| In order to establish and maintain a stable society of separate but harmonious classes, thus bringing an end to the strife of our recent history, it is vital that a strong mercantile body be created. This Kerisian Trade and Industrial League will be the arm of a capitalist class that will know both it's limits and it's privileges. No more shall the industry and capital of Dolgava change hands in a reckless rat race. In the name of market efficiency we demand that the market be rendered artificially stable via government intervention. The recent disaster proves beyond doubt that the libertarian principle of the free market must be tempered, lest we face the prospect of future disasters. Monarchy, aristocracy and order are the elements needed to make capitalism work in Dolgava. Recent history has shown that the Dolgarian people are too traumatised by their warlike environment to operate as logical individuals, and therefore unable to create the spontaneous order a free market system needs. Therefore in the future all market activities will be controlled by this League. All economic activity involving the outside world will be regulated by the League. The League reserves the right to take control of businesses and industries who are unable to maintain their own efficiency. The League reserves the right to collect a tariff on all imports in order to pay for the defence of the Confederation, in return for which the League will maintain a Privateer Navy and Mercenary Land Army to defend the Confederation from unauthorised inter-loppers and internal dissidents. The League demands it's status within the Confederation be made permanent. |
Proposals
Article 1
Proposal[?] to change The nation's defence industry.
Old value:: Defence industries are privately owned and not subsidised.
Current: The state owns national defence industries but these exist alongside privately owned defence industries.
Proposed: Defence industries are privately owned but subsidised by the state.
Article 2
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Local governments regulate foreign investments.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors need to obtain government approval for all investments in national companies.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 4
Proposal[?] to change International trade (this is a default in the absense of a specific free trade agreement or specific trade embargo)
Old value:: The nation does not impose any tariffs or quotas on imports.
Current: The nation imposes reciprocal tariffs on imports, with no tariffs imposed on states which impose no tariffs on our exports.
Proposed: The nation allows for imports, but imposes protectionist tariffs and quotas on all imports.
Article 5
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: There is no policy on monopolies, they are unregulated.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only actively enforced in specific sectors of the economy.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 357 | ||
| no |
Total Seats: 232 | ||
| abstain |
Total Seats: 161 |
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| Random quote: "The spirit of democracy is not a mechanical thing to be adjusted by abolition of forms. It requires change of heart." - Mahatma Gandhi |