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Bill: Grand Economic Reform Act
Details
Submitted by[?]: Labour Party of Rutania
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 4845
Description[?]:
| Mr Speaker, Honorable Gentlemen and Ladies of this Grand Assembly. The LPR proposes new regulations concerning the economy. Acknowledging the hard conditions of the working classes of Rutania, the LPR wishes to change their fate and bring more equality to Rutania. A planned economy differs from a capitalist economy by the fact that it is planned by the government. A social economy is an economy working for the people, rather than the elites of society. This bill proposes a planned, social economy. Most of the leading class believe this to halt progress and economic growth. But the real enemy of progress is unhealthy competition and backstabbing. We want to make everyone work hand in hand to achieve better living standards. Best regards Comrades, Mr Toby Reynolds, Chief Executive of the Labour Party of Rutania |
Proposals
Article 1
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 and owns all banks.
Article 2
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: Only governmental organisation advertising is permitted.
Article 3
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 and can interfere with its operations.
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Proposed: Energy is provided by nationalised companies.
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: Only government-run trade unions exist and membership in them is compulsory.
Article 6
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 encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Proposed: The government requires all businesses to be run by Democratic Workers' Councils.
Article 7
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Current: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Proposed: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Article 8
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 but are regulated.
Proposed: The government owns the stock exchange(s).
Article 9
Proposal[?] to change Policy on profit sharing
Old value:: Companies are required to distribute a minority fraction of its profits to employees.
Current: Companies are required to distribute a minority fraction of its profits to employees.
Proposed: Companies are required to distribute a majority fraction of its profits to employees.
Article 10
Proposal[?] to change Secondary strike action.
Old value:: Only closely related trade unions can walk out on a sympathy strike in support of other striking workers.
Current: Any trade union can go on a sympathy strike in support of other striking workers.
Proposed: Any trade union can go on a sympathy strike in support of other striking workers.
Debate
These messages have been posted to debate on this bill:
| Date | 02:43:35, November 11, 2020 CET | From | National Conservative Party | To | Debating the Grand Economic Reform Act |
| Message | The NPR welcomes and supports the bill proposed by the Labour Party of Rutania. |
| Date | 09:06:56, November 11, 2020 CET | From | Democracy Freedom Party | To | Debating the Grand Economic Reform Act |
| Message | disagree |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 299 | |||
| no |
Total Seats: 201 | |||
| abstain |
Total Seats: 0 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "Terror is only justice: prompt, severe and inflexible; it is then an emanation of virtue; it is less a distinct principle than a natural consequence of the general principle of democracy, applied to the most pressing wants of the country." - Maximilien Robespierre |