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Bill: Economic Democracy Act

Details

Submitted by[?]: New Democratic Party

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: July 2332

Description[?]:

The economy exists for the benefit of all the people. In order to ensure this it is the people, the workers and consumers, who must control it and who must have the power. The NDP proposes these measures to advance the cause of democratic socialism in Ikradon and ensure social justice.

Proposals

Debate

These messages have been posted to debate on this bill:

Date05:26:36, December 17, 2006 CET
From Progressive Centrist Democrats
ToDebating the Economic Democracy Act
MessageWe always opposed the DWCs and will not support their reimplementation.

Date11:18:05, December 17, 2006 CET
From National Conservative Party
ToDebating the Economic Democracy Act
MessageThe NCP fiercely opposes.

Date19:29:02, December 17, 2006 CET
From Iqembu Sokusebenzisana Yeningi
ToDebating the Economic Democracy Act
MessageWhile we are wary of going too far too fast, the Striving Toward A Revolutionary Tomorrow Universalist Party will support, as a gesture of support for unions and DWCs.

Date05:55:35, December 20, 2006 CET
From Ikradone Nationalsozialistische Partei
ToDebating the Economic Democracy Act
MessageAbsolutely not. DWC's are inefficent, and if strikers are protected, then they become indulgent.

Date07:24:57, December 21, 2006 CET
From New Democratic Party
ToDebating the Economic Democracy Act
MessageNot necessarily. While of course social efficiency (balance of individual and societal benefit) is more likely to be achieved, the incentives for economic efficiency (use of resources) exist because the workers themselves now own the company and its profitability directly impacts their own income. Furthermore, since profit is disincentivised, more of the money will go into investment and wages - an injection back into the economy which promotes more growth and development. Taking out the ownership of the elite and putting it into the hands of the workers themselves will not create less efficiency in general.

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Voting

Vote Seats
yes
  

Total Seats: 100

no
   

Total Seats: 342

abstain
   

Total Seats: 157


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