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Bill: Economic Liberalization
Details
Submitted by[?]: Free Democratic 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: February 3825
Description[?]:
| "We like the progress. The monopoly policy seemed a little problematic, but we made good progress in other areas. Here we continue the path towards liberty." ~Ted Johnson, Head a Chairman of the LPS and Prime minister |
Proposals
Article 1
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There is no provision for a minimum wage.
Proposed: There is no provision for a minimum wage.
Article 2
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: The government has no position on the proliferation of stock exchanges.
Debate
These messages have been posted to debate on this bill:
| Date | 21:26:04, April 01, 2015 CET | From |  Federal Green Party (FGP) | To | Debating the Economic Liberalization |
| Message | Yes, people working with starvation wages and getting screwed by an unregulated stock market is clearly the definition of liberty. |
| Date | 21:38:20, April 01, 2015 CET | From | Free Democratic Party | To | Debating the Economic Liberalization |
| Message | "We believe making the pie bigger for everyone is the best policy. Also, companies that make the choice to pay their workers more will prosper and ones that immorally pay too little will be less successful." ~Amy Smith, Secondary Chairman of the LPS |
| Date | 08:49:59, April 02, 2015 CET | From | Federal Green Party (FGP) | To | Debating the Economic Liberalization |
| Message | What if the majority of companies pay very low wages because they realize it benefits them all to do so? If there was no need for minimum wage laws due to the free market assuring high wages then minimum wage laws wouldn't have been established in the first place. The reason we have them is precisely because companies do not (by and large) pay workers a decent wage. Though I do agree that paying your workers well improves productivity. Unfortunately some businesses can afford lower productivity due to their size (which allows them more flexibility in negotiations for raw materials and other things, so they can still charge lower prices for their products than their competition despite the lowered productivity). |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 257 | |||||
| no |
Total Seats: 268 | |||||
| abstain | Total Seats: 0 |
| Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
| Random quote: "No man can outrun a bullet." - Idi Amin |