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Bill: Economic Reform Act
Details
Submitted by[?]: Conservative Party
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: October 3765
Description[?]:
| There is far too much state ownership and regulation in the Valruzian economy. Free the reins of private enterprise! Siemowit Musil Economics spokesman |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: All banks are privately owned.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is forbidden.
Proposed: Child labour is allowed, but with additional regulations to those of adult labourers.
Article 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 5
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 6
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government enforces a salary cap.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 7
Proposal[?] to change Secondary strike action.
Old value:: Any trade union can go on a sympathy strike in support of other striking workers.
Current: Any trade union can go on a sympathy strike in support of other striking workers.
Proposed: Only closely related trade unions can walk out on a sympathy strike in support of other striking workers.
Article 8
Proposal[?] to change The workers' right to strike.
Old value:: All workers have the right to strike.
Current: All workers, except certain categories of workers regarded as critical to society, have the right to strike.
Proposed: All workers have the right to strike but certain categories of workers regarded as critical to society have to ensure a minimal service.
Debate
These messages have been posted to debate on this bill:
| Date | 07:30:51, November 28, 2014 CET | From |  Szlachta Walruzyjska | To | Debating the Economic Reform Act |
| Message | We agree with articles 1, 2, 4, 5, and 6, but we cannot support this bill on the basis of the other proposals. We shall abstain. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no | Total Seats: 81 | |
| abstain |
Total Seats: 219 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has." - Margaret Mead |