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Bill: ACP 001 - Economic Liberalisation Act
Details
Submitted by[?]: Alianza Conservadora Progresiva
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: May 4425
Description[?]:
| We intend to remove restrictions placed that stagnate economic growth. |
Proposals
Article 1
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 2
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The national government leaves policy on cryptocurrency to local governments
Current: The government has no policy on cryptocurrency
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 3
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 4
Proposal[?] to change The government's policy towards fireworks.
Old value:: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Current: Only professionals may run licensed fireworks shows, fireworks are illegal to the general public.
Proposed: The sale of fireworks is unregulated, anyone may buy them.
Article 5
Proposal[?] to change The government's policy towards foreign workers.
Old value:: Foreign nationals may only be employed in circumstances where the government has determined there is a labour shortage.
Current: Foreign nationals are treated the same as native citizens when searching for employment.
Proposed: Foreign nationals are treated the same as native citizens when searching for employment.
Article 6
Proposal[?] to change The right to gamble.
Old value:: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Current: Gambling is illegal unless taking place in a licensed casino.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 7
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Only regulated agribusinesses may produce industrial hemp.
Current: There are no regulations on industrial hemp.
Proposed: There are no regulations on industrial hemp.
Article 8
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 forbidden, and are actively broken up.
Current: There is no policy on monopolies, they are unregulated.
Proposed: Monopolies are actively enforced in all sectors of the economy.
Article 9
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 10
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state subsidizes the phone service of low income families but does not regulate the rates providers can charge for phone service.
Current: There are no regulations on phone service.
Proposed: There are no regulations on phone service.
Debate
These messages have been posted to debate on this bill:
| Date | 18:34:39, July 16, 2018 CET | From | Unión Demócrata Republicana Confederal | To | Debating the ACP 001 - Economic Liberalisation Act |
| Message | The Unión Demócrata Republicana Confederal will not support this bill because it supports Caillean capitalism, a socioeconomic model strongly inspired by social democratic ideas and the tradition of Aurorian Patriarchal Church social teaching. This socioeconomic model has both a material and a social, or human, dimension. The Alianza Conservadora Progresiva seems to forget that the state must have a role in the economy to protect the competitive environment from monopolistic or oligopolistic tendencies. The UDRC pursues an economic system that would not only help the wealthy but also care for the workers and others who might not prove able to cope with the strenuous competitive demands of a market economy while protecting the economy from a state claiming the right to direct the economy or to intervene in it. We believe that the economy, society, and polity need to be structured but not dictatorial. The economy must be a freely chosen order, not a command order. We believe in an economic system that supports an extensive social welfare system, while protecting our citizens against irregularities in economic cycles and for shifts in world production, by sheltering and supporting some key sectors and industries and becoming a force for economic renewal. The Caillean capitalism has the best of both worlds by being both conservative and dynamic. It is conservative in the sense that it draws on the part of the Egelian tradition that envisages some state role in the economy and a cautious attitude toward investment and risk-taking. It is dynamic in the sense that it is directed toward growth. The UDRC believes in the benefits of combining the virtues of a free market system with the virtues of a social welfare system. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no | Total Seats: 53 | |||
| abstain |
Total Seats: 41 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "It is the hallmark of great society to debate and disagree without resorting to violence." - Mathew Jameson, former Hutorian politician |