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Bill: Free Markets, Free People
Details
Submitted by[?]: Républicains Libéraux
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: July 4159
Description[?]:
A bill designed to increase the economic freedom of all those in the Republic Of Telamonia. The more economic freedom an individual has, the freer they are to engage in their god-given right to the pursuit of happiness. The freer the markets, the freer the people. |
Proposals
Article 1
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is allowed, but with additional regulations to those of adult labourers.
Proposed: Child labour is allowed, but with additional regulations to those of adult labourers.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 45
Proposed: 10
Article 3
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 4
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 kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 5
Proposal[?] to change The government's policy towards fireworks.
Old value:: Only adults are allowed to purchase fireworks
Current: Only professionals may run licensed fireworks shows, fireworks are illegal to the general public.
Proposed: Local governments determine fireworks laws.
Article 6
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 7
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal, but only in private homes and casinos with special licences.
Current: Gambling is illegal.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 8
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 9
Proposal[?] to change The government's stance on a salary cap.
Old value:: Labour unions and organizations of employers negotiate a salary cap.
Current: The government enforces a salary cap.
Proposed: The government has no stance on a salary cap.
Article 10
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 shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There is no provision for a minimum wage.
Article 11
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are only forbidden in specific sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 12
Proposal[?] to change The government's policy concerning phone services.
Old value:: Telephone lines are provided free of charge to all citizens.
Current: Telephone lines are provided free of charge to all citizens.
Proposed: There are no regulations on phone service.
Article 13
Proposal[?] to change Positive discrimination.
Old value:: No form of positive discrimination is permitted.
Current: The government encourages positive discrimination and enforces it for government hiring.
Proposed: The government does not regulate hiring policies.
Article 14
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: The government is entirely responsible for the controlled sales of recreational drugs through operating stores and other locations.
Current: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Proposed: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Article 15
Proposal[?] to change Secondary strike action.
Old value:: Only closely related trade unions can walk out on a sympathy strike in support of other striking workers.
Current: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Proposed: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Article 16
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 17
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Current: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Proposed: Trade unions are not required by law to hold a ballot before striking.
Article 18
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: Democratic Workers' Councils are not permitted to run a business.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 122 | |
no |
Total Seats: 106 | |
abstain |
Total Seats: 55 |
Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
Random quote: "A good politician is quite as unthinkable as an honest burglar." H. L. Mencken |