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Bill: Free People Free Market Act
Details
Submitted by[?]: Liberté et Justice
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 4794
Description[?]:
| Our gdp has remained stagnant for the past several years. It is time we roll back government regulations . |
Proposals
Article 1
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: One third of corporate boards must consist of employees
Current: Two thirds of corporate boards must consist of employees
Proposed: No employee representation is required on corporate boards
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 27
Current: 25
Proposed: 15
Article 4
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There is no provision for a minimum wage.
Article 5
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and worker membership is voluntary.
Current: Trade unions may exist and worker membership is voluntary.
Proposed: Trade unions are illegal.
Article 6
Proposal[?] to change The workers' right to strike.
Old value:: All workers, except certain categories of workers regarded as critical to society, have the right to strike.
Current: All workers have the right to strike.
Proposed: All strikes are illegal.
Article 7
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The central bank determines the policy on charging interest on loans (if one exists)
Current: The central bank determines the policy on charging interest on loans (if one exists)
Proposed: Banks and financial institutions charge interest on loans and are unregulated
Article 8
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 only forbidden in specific sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 9
Proposal[?] to change Government policy on rent regulation
Old value:: The government sets a cap on housing rents.
Current: The government sets a cap on housing rents.
Proposed: The government does not regulate rents.
Debate
These messages have been posted to debate on this bill:
| Date | 13:17:11, August 02, 2020 CET | From | Renouveau Impérial | To | Debating the Free People Free Market Act |
| Message | There are some points that we agree on, however, this law is way too extreme, we cannot allow corporations to be too powerful. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 120 | ||
| no |
Total Seats: 211 | ||
| abstain | Total Seats: 169 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "To retain respect for sausages and laws, one must not watch them in the making." - Otto von Bismarck |