Economic Liberalization Act of 2011 - Columbia

Rationale

These reforms boost economic growth by attracting foreign investment, increasing workforce flexibility, and reducing government spending, while continuing to ensure fair wages and sustainable retirement.

Proposed Changes

	Law	Previous	Proposed
1	Foreign Land Ownership	No restrictions on foreign land purchases	No restrictions on foreign land purchases
2	Minimum Wage Policy	Maximum wage cap (no one may earn more than 10x the lowest-paid worker)	Basic minimum wage
3	Retirement Age Policy	Retirement at 50	Retirement at 60
4	Public Broadcasting Funding	Major public broadcaster (multi-channel; ad-free; funded by general taxation)	No public broadcaster (privatize existing assets; advertising-only market)
5	Maximum Working Hours	48-hour weekly maximum	48-hour weekly maximum

1

Foreign Land Ownership

Previous law

No restrictions on foreign land purchases

2

Minimum Wage Policy

Previous law

Maximum wage cap (no one may earn more than 10x the lowest-paid worker)

Basic minimum wage

3

Retirement Age Policy

Previous law

Retirement at 50

Retirement at 60

4

Public Broadcasting Funding

Previous law

Major public broadcaster (multi-channel; ad-free; funded by general taxation)

No public broadcaster (privatize existing assets; advertising-only market)

5

Maximum Working Hours

Previous law

48-hour weekly maximum

Proposer

L

Party

Liberal Modernist

A centrist, technocratic party. We work to build a bright future for free minds through reason, innovation and competition.

Core pillars

EP

Ethan Pearson

Activist · Age 57

3,495 social followers

A charismatic policy wonk with a working-class upbringing, Ethan Pearson combines academic rigor and grassroots passion, using his analytical mind to bridge the gap between intellectual ideals and practical solutions.

🎓 Academic 🔬 Analytical ✨ Charismatic 🤝 Loyal 🔨 Working Class Background

Timeline

Draft

24 October 2011
Vote Open

29 October 2011
Vote Closed

28 December 2011
Did Not Become Law

28 December 2011

Vote tally

Live tally across each chamber. Weighted by seats held.

Senate

Failed

4Yes 42No 54Not voted 100 seats

For: 4 / 100 seats (4.0%)

Against: 42 · Abstained: 0 · Not voted: 54

50.1% of those voting must vote in favour (actual = 8.7%)

Party	Seats	Vote	Reason
Liberal Modernist Proposer	4	Yes	No reason given
National Reform	0	No	No reason given
Socialist Alliance	28	No	No reason given
Solidarity	3	No	No reason given
Sunrise Movement	11	No	No reason given
The New Order Movement	0	No	No reason given
Empty seats	26	Not voted

House of Representatives

Failed

45Yes 174No 216Not voted 435 seats

For: 45 / 435 seats (10.3%)

Against: 174 · Abstained: 0 · Not voted: 216

50.1% of those voting must vote in favour (actual = 20.5%)

Party	Seats	Vote	Reason
Liberal Modernist Proposer	45	Yes	No reason given
National Reform	0	No	No reason given
Socialist Alliance	116	No	No reason given
Solidarity	18	No	No reason given
Sunrise Movement	40	No	No reason given
The New Order Movement	0	No	No reason given
Empty seats	103	Not voted

Presidency

Failed

0Yes 1No 0Not voted 1 seat

For: 0 / 1 seats (0.0%)

Against: 1 · Abstained: 0 · Not voted: 0

Passes unless the office holder votes against (abstention counts as pass)

Party	Seats	Vote	Reason
Socialist Alliance	1	No	No reason given

Voting record

Every vote must state a public reason. Most recent first.

No votes cast yet.