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Bill: The Economic Liberalisation Act
Details
Submitted by[?]: Le Parti National-Libéral
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: June 4420
Description[?]:
For too long the economy has been fettered by illiberal restrictions which impedes wealth creation. Let us free ourself from archaic laws which allows this government undue influence in the economy. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: All advertising is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
Current: The central bank is underneath the direct oversight of the national legislature.
Proposed: The central bank is an entirely independent agency of the government.
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 25
Proposed: 10
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 6
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 to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).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: There is no policy on monopolies, they are unregulated.
Article 7
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Current: The government requires all businesses to be run by Democratic Workers' Councils.
Proposed: Democratic Workers' Councils are not permitted to run a business.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 327 | |
no | Total Seats: 0 | |
abstain | Total Seats: 173 |
Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
Random quote: "Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates." - Gore Vidal |