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 Liberalization Reform Act of 4290
Details
Submitted by[?]: Plaid Ffederaliaeth a Rhyddid
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: September 4291
Description[?]:
| Under previous law, large national banks were nationalized by and run by the government. This law will reform nationalized banks as private entities, excepting the central bank. This law will within one year of its passage will allow previous shareholders, or their legal heirs, to request shares proportional to their previous holdings in these privatize entities. Those shares which are not requested in the allotted time period will be auctioned off to the public. Where banks were formed as government entities, therefore never being nationalized to begin with, they will be reformed into private entities and shares will be auctioned off to the public. Under previous law, the commanding heights of the economy and all major industries were nationalized by and run by the government. This law will reform nationalized industries as private entities. This law will within one year of its passage will allow previous shareholders, or their legal heirs, to request shares proportional to their previous holdings in these privatize entities. Those shares which are not requested in the allotted time period will be auctioned off to the public. Where industries were formed as government entities, therefore never being nationalized to begin with, they will be reformed into private entities and shares will be auctioned off to the public. Under previous law, most industries were required to be fully run by Democratic Workers' Councils. This law return control of these businesses, excepting those which were not forced to be run by DWCs by law or which formed after the passage of laws requiring businesses to be run by DWCs. This law will within one year of its passage will allow previous shareholders, or their legal heirs, to request shares proportional to their previous holdings in these businesses. Those shares which are not requested in the allotted time period will be auctioned off to the public. The above clauses will be executed by the Ministry of Trade and Industry. The Minister of Trade and Industry will execute this act via the formation of a Department of Denationalization, which will cease to exist after 2 years of the passage of this bill. The head of the Department of Denationalization will be appointed by the Minister of Trade and Industry and approved by the Prime Minister, and can only be removed by the Minister of Trade and Industry. No portion of this act shall be construed to authorize the denationalization of industries which are separately nationalized or otherwise government run under other laws than those affected by the proposals in this Act. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: All industry is owned and operated by the state.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 3
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires most industries to be fully run by Democratic Workers' Councils.
Current: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
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: 269 | |||
| no | Total Seats: 260 | |||
| abstain |
Total Seats: 16 |
| Random fact: Players who consent to a particular role-play by acknowledging it in their own role-play cannot then disown it or withdraw their consent from it. For example, if player A role-plays the assassination of player B's character, and player B then acknowledges the assassination in a news post, but then backtracks and insists the assassination did not happen, then he will be required under the rules to accept the validity of the assassination role-play. |
| Random quote: "The radical of one century is the conservative of the next. The radical invents the views. When he has worn them out the conservative adopts them." - Mark Twain |