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Bill: Planned Economy Act
Details
Submitted by[?]: National Imperial Hobrazian Front
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: January 2212
Description[?]:
THIS will guarantee that the Republic has full control over its economic destiny. Exempted industries include- but are not limited to- textiles, electronics, automobiles, liquors, brewing, prostitution, computing, and tourism. Any company may request to be exempted from this rule with permission from the Minister of Trade and Industry. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 2
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 subsidizes private enterprises that face bankruptcy.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Debate
These messages have been posted to debate on this bill:
Date | 12:57:24, April 06, 2006 CET | From | Hobrazian Peoples Party | To | Debating the Planned Economy Act |
Message | I can agree with everything but the last paragraph. |
Date | 14:23:55, April 06, 2006 CET | From | We Say So! Party | To | Debating the Planned Economy Act |
Message | Article 1. We have no problems with international business owning Hobrazian industries, however we would like to see a ruling preventing foreign companies owning a majority share in vital service industries. Article 2. Can't support this. There is no problem with allowing private industry to operate large scale operations within the republic, however increasing Government ownership of business would not be something we are opposed to. We would recommend re-introducing the National Industry Regulations Act. Article 3. No. The current system allows for an individual to survive, whilst also guaranteeing that their family is catered for via child assistance etc. It would also decrease the economic advantage of our Country compared with others so losing us large amounts of investment. Article 4. We would support this. |
Date | 18:56:09, April 06, 2006 CET | From | National Imperial Hobrazian Front | To | Debating the Planned Economy Act |
Message | I'll work on a compromise. |
Date | 22:57:05, April 06, 2006 CET | From | National Imperial Hobrazian Front | To | Debating the Planned Economy Act |
Message | I will actually split this bill up. |
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Voting
Vote | Seats | |||
yes | Total Seats: 144 | |||
no |
Total Seats: 196 | |||
abstain |
Total Seats: 60 |
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