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Bill: A Bill on Economic Deregulation
Details
Submitted by[?]: Liberal Democrats
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: September 4746
Description[?]:
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Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
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 to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).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:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: There is no policy on monopolies, they are unregulated.
Debate
These messages have been posted to debate on this bill:
| Date | 18:17:47, April 24, 2020 CET | From | Institutional Revolutionary Party | To | Debating the A Bill on Economic Deregulation |
| Message | Don't agree at all with Article 2 or 3. Not a fan of 1 either but would be likely to pass if it was just article 1. Overall we will vote no on the current bill |
| Date | 20:41:34, April 24, 2020 CET | From | Likatonia First | To | Debating the A Bill on Economic Deregulation |
| Message | We have to stop companies being able to take control of the whole economy and from foreign companies buying up our companies |
| Date | 22:56:50, April 24, 2020 CET | From | Liberal Democrats | To | Debating the A Bill on Economic Deregulation |
| Message | LAB reply: How pray tell is increased capital investment from abroad a bad thing? Foreign investors may have a bigger piece of the pie, but the pie will also be much bigger. |
| Date | 00:04:25, April 25, 2020 CET | From | Likatonia First | To | Debating the A Bill on Economic Deregulation |
| Message | Well some foreign investment is good it is just that we should still have some companies protected and doing nothing will mean it will be aiser for companies to grow, which will not help out entrepreneurs in our country. Also having no monopoly regulation can lead to lazy business who will have no incentive to grow and help out consumers. |
| Date | 02:41:39, April 25, 2020 CET | From | Liberal Democrats | To | Debating the A Bill on Economic Deregulation |
| Message | Entrepreneurs are funded by private investors, some of whom could be foreign. It's funny how the world works. Employers control the purse strings of employees, granted, but investors control those of employers (by picking and choosing which companies to invest in) and consumers (aka employees) those of the investors (by picking and choosing whose products to consume. The economy is all connected and so it is (generally!) better to liberalise the flow of capital so that it can be transferred efficiently from those who have it to those who need it. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 9 | ||||||
| no |
Total Seats: 91 | ||||||
| abstain | Total Seats: 0 |
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