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Bill: Bill for the Liberalisation of the Economy
Details
Submitted by[?]: Les Souterrains
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 3944
Description[?]:
Bill to remove certain illiberal, discriminatory and unfair restrictions on the markets. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 2
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 which are not subject to any special regulations.
Article 3
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 5
Proposal[?] to change The government's policy concerning phone services.
Old value:: Telephone lines are provided free of charge to all citizens.
Current: The state regulates the rates providers can charge for phone service.
Proposed: There are no regulations on phone service.
Article 6
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 | 18:37:01, November 27, 2015 CET | From | Les Renards | To | Debating the Bill for the Liberalisation of the Economy |
Message | This extreme and all encompassing bill simply goes too far, and does not distinguish between reasonable and limited government involvement and areas where the principle of competition can be put to good social use. None can accuse Les Renards of not being committed to the liberalization of our economy, of fiscal competence and economic liberalism in general. But it seems that the twin forces of extreme libertarianism on the other side of the division will not be satisfied until they have smashed the foundations of our state into dust. The symbol of good politics and good policy is compromise and trade off, a healthy mix of pragmatism and principle. Bills like this are dangerous, foolish, unpassable in this chamber and unacceptable to the Rildanorese people, who I firmly expect will reject these atomistic, destructive horsemen of the extreme lassez-faire right at the next possible plebiscite. *jeers from the small handful of remaining LR depute's* Thank you. - Gideon Montreux, Leader of Les Renards |
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Voting
Vote | Seats | |||
yes |
Total Seats: 31 | |||
no | Total Seats: 37 | |||
abstain |
Total Seats: 32 |
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