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Bill: Economic Reformation Act of 4114
Details
Submitted by[?]: Náisiún Nua
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: March 4115
Description[?]:
| A bill that introduces widespread economic reform for Kirlawa. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is allowed, but with additional regulations to those of adult labourers.
Current: Child labour is allowed and it is subjected to the same regulations as adult labour.
Proposed: Child labour is forbidden.
Article 3
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 but the prices they can charge are regulated.
Proposed: Energy is provided by nationalised companies.
Article 4
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 government subsidizes private enterprises that face bankruptcy.
Article 5
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: There is no policy on monopolies, they are unregulated.
Current: There is no policy on monopolies, they are unregulated.
Proposed: Monopolies are forbidden, and are actively broken up.
Debate
These messages have been posted to debate on this bill:
| Date | 08:46:15, November 03, 2016 CET | From | Union of Green Market-Socialists | To | Debating the Economic Reformation Act of 4114 |
| Message | The party supports the amendments for breaking up monopolies and creating national banks, but opposes the other amendments. |
| Date | 20:00:15, November 03, 2016 CET | From | Kirlawan People's Justice Party | To | Debating the Economic Reformation Act of 4114 |
| Message | [exasperated sigh] Please split these into separate bills!! 1) (banks) Strongly favour. 2) (forbidding children from any participation in economic activities) Strongly opposed; see below. 3) (energy) Strongly favour. 4) (bailouts) Strongly opposed. 5) (monopolies) Strongly favour. We'll vote aye, but will certainly seek to reverse those two articles if it passes. As I had written in recent bills http://classic.particracy.net/viewbill.php?billid=486550 http://classic.particracy.net/viewbill.php?billid=489107 Strongly opposed. I am OOCly baffled at how so much of the Particracy playerbase is so thoroughly and implacably opposed, to kids voluntarily choosing to supplement their allowances via such things as newspaper routes and lemonade stands, if they wish. Voluntarily. Any and all potential abuses, are prevented by the regulations which are mentioned in the article. And we are also strongly opposed to handing taxpayer money to private corporations, in "bailouts" or in any other such subsidies. Such thoughtlessness, very soon leads to the abominable practice of "privatise the profits, socialise the losses" -- since that's what's being incentivised. If you're concerned about the broader impact of some bankruptcy, there's a much better option available -- absolutely do not throw taxpayer cash at the private owners -- instead, NATIONALISE the thing! Please. What's being proposed here, is actually the _worst possible_ position on this issue, in our view. Our preferences, ranking the available options on it from best to worst: 1 best) The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries. 2) All industry is owned and operated by the state. 3) Certain industries are owned by the state, all others are under private ownership. 4) The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services. ... is vastly preferable over ... 5) The government does not intervene in the market nor provide any form of subsidies/relief to industries. ... which in turn is vastly preferable over ... 6 worst) The government subsidizes private enterprises that face bankruptcy. "Enterprises" should be being TAXED. NOT subsidised. By the way, we feel exactly analogously on other issues, such as "The research and development of pharmaceutical drugs." http://classic.particracy.net/viewvariable.php?variable=DRUGS_RESEARCH 1 best) The government subsidizes research and development of prescription drugs and regulates their prices. 2) The government does not subsidize research and development of prescription drugs but regulates their prices. ... is vastly preferable over ... 3) The government neither subsidizes research and development of drugs nor regulates their prices. ... which in turn is vastly preferable over ... 4 worst) The government subsidizes research and development of prescription drugs but does not regulate their prices. and "The nation's defence industry." http://classic.particracy.net/viewvariable.php?variable=DEFENSE_INDUSTRY 1 best) The state owns all defence industries. 2) The state owns national defence industries but these exist alongside privately owned defence industries. 3) Defence industries are privately owned and not subsidised. 4) Defence industries are banned. 5 worst) Defence industries are privately owned but subsidised by the state. and I'm sure there are others as well. If something's important enough for the government to be having a hand in economically supporting it, then we feel it should be being run by the government, for public benefit. NOT for private profit. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 277 | ||||
| no | Total Seats: 440 | ||||
| abstain | Total Seats: 0 |
| Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
| Random quote: "We cannot acknowledge allegiance to any human government... Our country is the world, our countrymen are all mankind." - William Lloyd Garrison |