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Bill: Edict from the Throne 5422-1: A Moral Economy
Details
Submitted by[?]: 姬恩黨 (Jien Faction) 🌄
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: February 5423
Description[?]:
| Establishing a moral economic system grounded in Jienist thought to ensure the people are both prosperous and virtuous. |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is underneath the direct oversight of the Ministry of Finance.
Current: The central bank is underneath the direct oversight of the national legislature.
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 The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is forbidden.
Proposed: Child labour is allowed, but with additional regulations to those of adult labourers.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 22
Current: 40
Proposed: 20
Article 4
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The national government leaves policy on cryptocurrency to local governments
Current: Cryptocurrency is illegal.
Proposed: Cryptocurrency is illegal.
Article 5
Proposal[?] to change The government's policy towards daily working hours.
Old value:: Local governments regulates the daily working hours.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: The government obligates trade unions and employers to negotiate the daily number of working hours.
Article 6
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 Ministry of Finance determines the policy on charging interest on loans
Proposed: Banks and financial institutions charge interest on loans and are regulated
Article 7
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 10
Current: 0
Proposed: 0
Article 8
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
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 9
Proposal[?] to change The government's policy towards fireworks.
Old value:: Local governments determine fireworks laws.
Current: Only adults are allowed to purchase fireworks
Proposed: Only adults are allowed to purchase fireworks
Article 10
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal unless taking place in a licensed casino.
Current: Gambling is illegal.
Proposed: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Article 11
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: One third of corporate boards must consist of employees
Current: One third of corporate boards must consist of employees
Proposed: No employee representation is required on corporate boards
Article 12
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Industrial hemp regulations are left up to local governments.
Current: Only regulated agribusinesses may produce industrial hemp.
Proposed: There are no regulations on industrial hemp.
Article 13
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 acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 14
Proposal[?] to change Government policy towards labor unions.
Old value:: Only government-run trade unions exist and membership in them is voluntary.
Current: Trade unions may exist and worker membership is voluntary.
Proposed: Trade unions may exist and worker membership is voluntary.
Article 15
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 50
Proposed: 0
Article 16
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
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 shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 17
Proposal[?] to change A law on employers' obligations with regards to social security contributions.
Old value:: Only large enterprises are required to cover payroll contributions for their employees.
Current: All enterprises are required to cover basic payroll contributions for their employees.
Proposed: All enterprises are required to cover basic payroll contributions for their employees.
Article 18
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: Telephone lines are provided free of charge to all citizens.
Proposed: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Article 19
Proposal[?] to change Reserve requirements for bank loans
Old value:: There is a fractional reserve requirement for bank loans, but small banks and credit unions are exempt.
Current: There is a fractional reserve requirement for bank loans.
Proposed: There is a fractional reserve requirement for bank loans.
Article 20
Proposal[?] to change Positive discrimination.
Old value:: No form of positive discrimination is permitted.
Current: The government sets compulsory quotas for hiring women, minorities and marginalized groups.
Proposed: The government does not regulate hiring policies.
Article 21
Proposal[?] to change The right for a person to prostitute himself or herself.
Old value:: Prostitution regulation decisions are left up to local governments.
Current: Prostitution is illegal.
Proposed: Prostitution is illegal.
Article 22
Proposal[?] to change Secondary strike action.
Old value:: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Current: Only closely related trade unions can walk out on a sympathy strike in support of other striking workers.
Proposed: Only closely related trade unions can walk out on a sympathy strike in support of other striking workers.
Article 23
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.
Article 24
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 640 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 0 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "The trouble with unemployment is that the minute you wake up in the morning you're on the job." - Slappy White |