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Bill: Regulatory Capitalism Bill
Details
Submitted by[?]: Right Wing Democrats
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: March 4666
Description[?]:
| We propose a economical system of a free market economy and regulatory capitalism so that costs do not spiral out of control and the government has more intervention in privatisation in the economy. |
Proposals
Article 1
Proposal[?] to change The government's stance on a salary cap.
Old value:: Local governments decide on salary cap laws.
Current: Labour unions and organizations of employers negotiate a salary cap.
Proposed: The government has no stance on a salary cap.
Article 2
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Current: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Proposed: 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.
Article 3
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: There is no policy on monopolies, they are unregulated.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only actively enforced in specific sectors of the economy.
Article 4
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: The matter of sales of recreational drugs is handled by local governments.
Current: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Proposed: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Article 5
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 central bank is underneath the direct oversight of the Ministry of Finance.
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 6
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is allowed, but with additional regulations to those of adult labourers.
Current: Child labour is forbidden.
Proposed: Child labour is forbidden.
Article 7
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Local governments decide loan interest policies
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 8
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies which are not subject to any special regulations.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 9
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.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 315 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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