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Bill: Economic Liberalization Act
Details
Submitted by[?]: Hobratsuri Traditisionalisturi Partia
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: August 4900
Description[?]:
To reopen the economy |
Proposals
Article 1
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 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 2
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 3
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: Two thirds of corporate boards must consist of employees
Current: No employee representation is required on corporate boards
Proposed: No employee representation is required on corporate boards
Article 4
Proposal[?] to change Reserve requirements for bank loans
Old value:: There is a full reserve requirement for bank loans.
Current: There is a full reserve requirement for bank loans.
Proposed: There is a fractional reserve requirement for bank loans, but small banks and credit unions are exempt.
Article 5
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 6
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government enforces a salary cap.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 7
Proposal[?] to change The government's policy concerning phone services.
Old value:: Telephone lines are provided free of charge to all citizens.
Current: The state regulates the rates providers can charge for phone service.
Proposed: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Article 8
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 100 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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Random quote: "The truly powerful feed ideology to the masses like fast food while they dine on the most rarified delicacy of all: impunity." - Naomi Klein |