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Bill: Oeconomica et Laboris Actum 4644 (Economics and Labor Act of 4644)
Details
Submitted by[?]: Seluciani Factio Liberalis
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: April 4645
Description[?]:
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Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: The government has no policy on cryptocurrency
Proposed: The government has no policy on cryptocurrency
Article 2
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The government has no policy on the charging of interest on loans
Current: The central bank determines the policy on charging interest on loans (if one exists)
Proposed: The central bank determines the policy on charging interest on loans (if one exists)
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 but does not otherwise interfere in its operations.
Current: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Proposed: The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
Article 4
Proposal[?] to change The government's policy towards daily working hours.
Old value:: Daily working hours are regulated by the government.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: The government obligates trade unions and employers to negotiate the daily number of working hours.
Article 5
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
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 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 Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor 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.
Article 8
Proposal[?] to change The government's stance on a salary cap.
Old value:: There is a national maximum wage but local governments may enforce stricter salary caps.
Current: The government enforces a salary cap.
Proposed: Labour unions and organizations of employers negotiate a salary cap.
Article 9
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Current: There is no provision for a minimum wage.
Proposed: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 10
Proposal[?] to change Reserve requirements for bank loans
Old value:: The government takes no stance on reserve requirements for bank loans.
Current: There is a fractional reserve requirement for bank loans.
Proposed: There is a full reserve requirement for bank loans.
Article 11
Proposal[?] to change Positive discrimination.
Old value:: The government encourages positive discrimination and enforces it for government hiring.
Current: The government discriminates against minorities in its hiring.
Proposed: The government does not regulate hiring policies.
Article 12
Proposal[?] to change The workers' right to strike.
Old value:: All workers have the right to strike.
Current: All workers, except certain categories of workers regarded as critical to society, have the right to strike.
Proposed: All workers have the right to strike but certain categories of workers regarded as critical to society have to ensure a minimal service.
Article 13
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires most industries to be fully run by Democratic Workers' Councils.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: The government requires all businesses to be run by Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 125 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 0 |
Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
Random quote: "[In the West] unpopular ideas can be silenced, and inconvenient facts kept dark, without any need for an official ban." - George Orwell |