We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Economic Restructuring Act
Details
Submitted by[?]: Tradisie en Aksie
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: September 4255
Description[?]:
| I. The unregulated chaos of the stock exchanges must end! Those who commit fraud and the worst of the speculators will face swift justice. II. The deregulation of the system has led to rampant abuse with executive pay. Local governments should be able to apply persuasion to resolve a fair cap. |
Proposals
Article 1
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: The government owns the stock exchange(s).
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: Labour unions and organizations of employers negotiate a salary cap.
Proposed: Local governments decide on salary cap laws.
Debate
These messages have been posted to debate on this bill:
| Date | 08:34:13, August 11, 2017 CET | From |  Liberale vir Seridjan | To | Debating the Economic Restructuring Act |
| Message | The government has no say in what companies do and don't. Stock exchanges shouldn't be regulated, nor state-owned, as state-owning it blocks economic growth and entrepreneurial freedom. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 129 | |||
| no | Total Seats: 226 | |||
| abstain | Total Seats: 0 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide." - John Adams |