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Bill: A Socialist Economy
Details
Submitted by[?]: Ultrackian Communist Party
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 4706
Description[?]:
| For too long the virus of capitalism has entered into Hutori, we shall rectify that with Socialism! |
Proposals
Article 1
Proposal[?] to change The nation's defence industry.
Old value:: Defence industries are privately owned and not subsidised.
Current: Defence industries are privately owned but subsidised by the state.
Proposed: The state owns all defence industries.
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: The government operates large, national banks, but small community based private banks are allowed.
Article 3
Proposal[?] to change Health care policy.
Old value:: Health care is private, but is paid for by the state for people with low incomes.
Current: There is a public health care system, but private clinics are allowed.
Proposed: There is a free public health care system and a small number of private clinics, which are heavily regulated to ensure they treat their patients well and provide good care.
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 15
Proposed: 50
Article 5
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 to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).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 forbidden, and are actively broken up.
Article 6
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 and are unregulated.
Proposed: The government owns the stock exchange(s).
Article 7
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government does not intervene in the marketplace with regards to 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:
| Date | 18:52:14, February 03, 2020 CET | From |  Liberal Party of Hutori | To | Debating the A Socialist Economy |
| Message | Mr. Speaker There are limited aspects of this Bill we could support, in more toned down terms. Under this current proposition, we can not. Eric Ross Liberal House Leader MP for Axminister-Axminister City |
| Date | 20:48:56, February 03, 2020 CET | From | Hutori Party | To | Debating the A Socialist Economy |
| Message | Mr Speaker, It is disappointing that our friends in the Naval Party would support a bill that will systematically destroy the strong economy of this nation. I hope they will reconsider. Rt. Hon. Gerald Pettipas MP for Acton Etobicoke North Prime Minister of The Commonwealth of Hutori |
| Date | 21:11:56, February 03, 2020 CET | From | Government of Hutori | To | Debating the A Socialist Economy |
| Message | Honourable Members As a notice, should the passage of this Bill come to pass this will require a radical increase in funding to the following departments, with final determination to be set, after the Passage is confirmed. MINISTRY OF FINANCE: - For Nationalization and Sustainment of "National Banks" - For Direct Ownership & Regulation of the Stock Market MINISTRY OF HEALTH: - For Near Nationalization of Hutorian Healthcare System MINISTRY OF DEFENCE: - For the Sustainment of National Defence Industries, which will Require Multiple as Monopolies will be actively forbidden in the Economy. Gerard Baker Parliamentary Budget Officer |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 377 | ||
| no |
Total Seats: 268 | ||
| abstain | Total Seats: 0 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "Socialism failed because it couldn't tell the economic truth; capitalism may fail because it couldn't tell the ecological truth." Lester Brown, Fortune Brainstorm Conference, 2006 |