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Bill: Capitalist Economy Act
Details
Submitted by[?]: Capitalist People's Party
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: February 4465
Description[?]:
| The CPP supports a return to capitalism after years of anti-capitalist policies. |
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 Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 4
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 private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 5
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 kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 6
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: Local governments determine fireworks laws.
Proposed: The sale of fireworks is unregulated, anyone may buy them.
Article 7
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal, but only in private homes and casinos with special licences.
Current: Gambling is illegal unless taking place in a licensed casino.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: The state regulates the rates providers can charge for phone service.
Proposed: There are no regulations on phone service.
Article 9
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Current: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Proposed: The matter of sales of recreational drugs is handled by local governments.
Article 10
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Debate
These messages have been posted to debate on this bill:
| Date | 12:28:41, October 04, 2018 CET | From | Grand Nationalist Fraction | To | Debating the Capitalist Economy Act |
| Message | Mr. Speaker, we are in favor of giving our citizens civil liberties and allow them to make certain choices, but we are afraid that this change of legislation is a bit too much to be good. While we have had a protectionist regime in Lodamun for years, we are now turning to the international markets, allowing capitalism to set foot on Lodamese soil. There already are certain profound capitalist aspects in our economy, and the last few decades the nation has done some massive investments to adapt our infrastructure to this change. If we change too sudden, our system could collapse. Andre Walschot Minister of Trade |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no | Total Seats: 424 | ||
| abstain | Total Seats: 175 |
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