Economic Deregulation And Modernisation Act of 2020
Rationale
These reforms boost economic growth, innovation, and productivity by reducing burdensome regulations, encouraging investment, and leveraging cutting-edge technology for public benefit.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Deregulated financial centre
|
|
| 2 | AI Development & Safety |
Balanced oversight
|
No restrictions; accelerate AI
|
|
| 3 | Automation & the Workforce |
Ban automation that displaces workers; robot levy
|
Actively incentivise automation
|
|
| 4 | Retirement Age Policy |
Retirement at 50
|
Retirement at 70
|
|
| 5 | Public Ownership of Key Industries |
Private, with strong regulation
|
Full privatisation, market discipline
|
1
Banking & Financial Regulation2
AI Development & Safety3
Automation & the Workforce4
Retirement Age Policy5
Public Ownership of Key IndustriesProposer
Party
Democratic Renewal Coalition
We forge paths not for the few but for every hand willing to build. Secular roots and open skies where liberty and justice grow side by side.
Core pillars
Kenneth Thompson
Activist · Age 32
Kenneth Thompson, a former think tank researcher turned activist, leverages his Ivy League education and corporate board connections to craft policy that balances idealism with measurable impact.
Timeline
-
Draft12 November 2020
-
Vote Open16 November 2020
-
Vote Closed15 January 2021
-
Became Law15 January 2021
Vote tally
Live tally across each chamber. Weighted by seats held.
House Of Commons
PassedFor: 142 / 240 seats (59.2%)
Against: 0 · Abstained: 0 · Not voted: 98
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Democratic Renewal Coalition Proposer | 142 | Yes | No reason given |
House Of Representatives
PassedFor: 28 / 48 seats (58.3%)
Against: 0 · Abstained: 0 · Not voted: 20
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Democratic Renewal Coalition Proposer | 28 | Yes | No reason given |
| Empty seats | 16 | Not voted |
Prime Minister
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Democratic Renewal Coalition Proposer | 1 | Yes | No reason given |