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Bill: Economic Reform Act of 4027
Details
Submitted by[?]: Revolutionary Zennyist 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: February 4028
Description[?]:
An act to reform Solentia's economy into a more balanced worker-employer relationship and protect consumers from the greed of private indsutry, ensuring union rights, making corporations pay a fair share in taxes, and allowing government economic intervention when needed. |
Proposals
Article 1
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 acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 2
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government has no stance on a salary cap.
Current: The government has no stance on a salary cap.
Proposed: Labour unions and organizations of employers negotiate a salary cap.
Article 3
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: All banks are privately owned.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 0
Proposed: 25
Article 5
Proposal[?] to change The government's policy towards daily working hours.
Old value:: The government has no policy concerning daily working hours.
Current: The government has no policy concerning daily working hours.
Proposed: The government obligates trade unions and employers to negotiate the daily number of working hours.
Article 6
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies which are not subject to any special regulations.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by nationalised companies.
Article 7
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 8
Proposal[?] to change Positive discrimination.
Old value:: The government does not regulate hiring policies.
Current: The government discriminates against minorities in its hiring.
Proposed: The government encourages positive discrimination and enforces it for government hiring.
Article 9
Proposal[?] to change Secondary strike action.
Old value:: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Current: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Proposed: Any trade union can go on a sympathy strike in support of other striking workers.
Article 10
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Article 11
Proposal[?] to change The government's policy concerning phone services.
Old value:: There are no regulations on phone service.
Current: The state regulates the rates providers can charge for phone service.
Proposed: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 343 | |||||
no |
Total Seats: 0 | |||||
abstain | Total Seats: 59 |
Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
Random quote: "A man who has no office to go to - I don't care who he is - is a trial of which you can have no conception." - George Bernard Shaw |