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Bill: Nationalization of Corperations
Details
Submitted by[?]: Peoples 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: November 3980
Description[?]:
| The state must take control of corporations to ensure that corporations are working for the people and not there own interest |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 30
Proposed: 2
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is fixed by the government.
Article 3
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: All industry is owned and operated by the state.
Article 4
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 owns the stock exchange(s).
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 267 | ||
| no | Total Seats: 233 | ||
| abstain | Total Seats: 0 |
| Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: “Where would the weapons and equipment come from once you've banned the defence industry? Will we be defended by all your hippy people hurling potatoes and cabbages?” - Margaret Woodhall, former Dranian politician |