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Bill: One Nation Economy Act
Details
Submitted by[?]: One Nation Conservative 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: December 4818
Description[?]:
| An economy that promotes the interests of all under the guiding eye of the best qualified. |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is an entirely independent agency of the government.
Current: 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.
Proposed: 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.
Article 2
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The government has no policy on cryptocurrency
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Article 3
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Banks and financial institutions charge interest on loans and are unregulated
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 4
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.
Article 5
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: No employee representation is required on corporate boards
Current: No employee representation is required on corporate boards
Proposed: One third of corporate boards must consist of employees
Article 6
Proposal[?] to change Policy on profit sharing
Old value:: The law does not mandate or encourage profit sharing programs.
Current: A fiscally beneficial system encourages companies to share profits with employees.
Proposed: A fiscally beneficial system encourages companies to share profits with employees.
Debate
These messages have been posted to debate on this bill:
| Date | 11:54:28, September 20, 2020 CET | From | Alliance Party | To | Debating the One Nation Economy Act |
| Message | The Alliance does not find itself completely in agreement with all six of the proposals, but on balance we are prepared to support this bill in the interests of co-operation, which is likely to be required after the next election when there is unlikely to be any party with an outright majority (given the number of parties now standing compared to the last election). The only article with which the Alliance strongly disagrees is Article 5, which runs counter to our preference to avoid interference in the market place where possible. We reserve the right to introduce our own bill on the matter of employee representation on corporate boards. |
| Date | 16:57:05, September 20, 2020 CET | From | One Nation Conservative Party | To | Debating the One Nation Economy Act |
| Message | We thank you for your support. This form of social capitalism will reconcile the citizens of Mordusia to capitalism and avoid caricatures about its wickedness. All win. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 365 | ||||
| no |
Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
| Random fact: Make sure your nation casts its nominations in Particracy's very own Security Council elections! For more information, see http://forum.particracy.net/viewtopic.php?f=26&t=8453 |
| Random quote: "If sunbeams were weapons of war, we would have had solar energy centuries ago." - George Porter |