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Bill: Protection of Vital Industries Act
Details
Submitted by[?]: Progress Party—The Greens
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 4340
Description[?]:
| We would again like to propose this as a failsafe to prevent the collapse of vital, yet unprofitable industries that are at risk of collapsing. This will not create bailouts for every business that is at risk of failing, but will only nationalize or otherwise support absolutely vital industries to society that are failing. |
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: 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.
Debate
These messages have been posted to debate on this bill:
| Date | 13:35:23, January 27, 2018 CET | From | National Conservative Party | To | Debating the Protection of Vital Industries Act |
| Message | This bill has our support. |
| Date | 14:31:07, January 27, 2018 CET | From | Kalistan National Front | To | Debating the Protection of Vital Industries Act |
| Message | We will not support. Why should the tax payer pay for a business that is failing because it refuses to adapt and evolve to customers wants and needs? We should not pass this but instead pay for the wages of workers who are being let go until they can find a job. We should also be putting money into job centres and schemes helping people back into work. Basically why should the people have to prop up a failing business? |
| Date | 19:06:17, January 27, 2018 CET | From | Progress Party—The Greens | To | Debating the Protection of Vital Industries Act |
| Message | This isn’t about supporting businesses, this is preventing a critical industry from collapse. We understand what you are saying about the need for adaptation if businesses want to survive but the reality of our economy is that some industries as a whole, not just businesses, are absolutely vital to society, but fail to provide a meaningful profit to the businesses running them. This simply prevents the loss of a vital industry or service if such an industry is failing by allowing some government intervention. |
| Date | 23:03:34, January 27, 2018 CET | From | Kalistan National Front | To | Debating the Protection of Vital Industries Act |
| Message | I ask again why should we prop up a business that can’t survive on a commercial basis? I understand the progress party’s concerns for people’s jobs but why not focus spare money on that instead of propping uo something that will only fail again in the future? |
| Date | 06:34:53, January 28, 2018 CET | From | National Communist Party | To | Debating the Protection of Vital Industries Act |
| Message | The National Commmunist Party fully endorses the Protection of Vital Industries Act. We believe that if necessary, the state should do all that it can to ensure that domestic industries are protected at the expense of failing. |
| Date | 07:13:00, January 28, 2018 CET | From | Progress Party—The Greens | To | Debating the Protection of Vital Industries Act |
| Message | I think you may misunderstand our reasoning for this law. Though we of course do care about jobs, that is not the main concern of this bill. Protecting the vital services provided by a failing industry as a whole is our core concern, not propping up the individual businesses or employers. Continuing to allow consumers to have access to a vital, yet unprofitable industry is the point of this. |
| Date | 07:39:37, January 28, 2018 CET | From | National Communist Party | To | Debating the Protection of Vital Industries Act |
| Message | While we may not have a political presence within the legislature, the National Communist Party throws its support behind the Protection of Vital Industries Act. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 443 | ||||
| no |
Total Seats: 307 | ||||
| abstain | Total Seats: 0 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "A conservative is a man who believes that nothing should be done for the first time." - Alfred E. Wiggam |