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Bill: PSV 001 - Free Market Act
Details
Submitted by[?]: Popularis Sanctus Vocal
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: July 4458
Description[?]:
| Via this bill, the PSV intends to further liberalise 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: Only advertising that meets certain set standards 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 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 4
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
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, but the government is permitted to intervene when necessary.
Article 5
Proposal[?] to change The government's policy towards fireworks.
Old value:: Local governments determine fireworks laws.
Current: Only adults are allowed to purchase fireworks
Proposed: The sale of fireworks is unregulated, anyone may buy them.
Article 6
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
Article 7
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 8
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Only regulated agribusinesses may produce industrial hemp.
Current: Industrial hemp regulations are left up to local governments.
Proposed: There are no regulations on industrial hemp.
Article 9
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: The government owns the stock exchange(s).
Proposed: Stock exchanges are allowed and are unregulated.
Article 10
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires all businesses to be run by Democratic Workers' Councils.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
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:
| Date | 12:12:38, September 21, 2018 CET | From | Factio Republicana Socialistica | To | Debating the PSV 001 - Free Market Act |
| Message | Senators, We already have a free market in Selucia, one that is free from the interference and domination of private monopolies and wealthy capitalists. In our Republic we utilize the market as an instrument to enhance freedom and democratic control over the means of production, by subordinating capital to labor and making sure that the former is used exclusively as a powerful tool in the hands of the people. Caecilia Bousaid Caesar |
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Voting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no |
Total Seats: 368 | |
| abstain | Total Seats: 382 |
| Random fact: Before choosing a nation, you may wish to research it first. For more information on the cultural backgrounds of the nations, please see the Cultural Protocols Index: http://forum.particracy.net/viewtopic.php?f=11&t=6365 |
| Random quote: "The superior man is distressed by the limitations of his ability; he is not distressed by the fact that men do not recognize the ability that he has." - Confucius |