Economic Equity And Transformation Act of 2023
Rationale
These reforms reduce inequality, prevent corporate overreach, and prioritize worker well-being through fair wages, stronger protections, and public control of essential services.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Minimum Wage Policy |
Basic minimum wage
|
Maximum wage cap (no one may earn more than 10x the lowest-paid worker)
|
|
| 2 | Banking & Financial Regulation |
Strong prudential oversight
|
Capital controls, separated retail/investment banking
|
|
| 3 | Competition & Monopolies |
Active competition enforcement
|
Proactively break up dominant firms
|
|
| 4 | Public Ownership of Key Industries |
Private, with strong regulation
|
Nationalise all key utilities and transport
|
|
| 5 | Maximum Working Hours |
48-hour weekly maximum
|
Mandatory four-day work week (28 hours maximum)
|
1
Minimum Wage Policy2
Banking & Financial Regulation3
Competition & Monopolies4
Public Ownership of Key Industries5
Maximum Working HoursProposer
Party
Workers' Union Of Fjordheim
The Workers' Union of Fjordheim fights for workers' rights, fair distribution of wealth, strong welfare programs, and security for working families. We believe prosperity should serve everyone, not only those at the top.
Core pillars
Sigrid Aas
Activist · Age 56
Sigrid Aas built her reputation as a bridge between ideologues and power brokers, using her decades of political and business connections to broker pragmatic compromises that deliver tangible gains for workers while avoiding ideological purity tests.
Timeline
-
Draft18 May 2023
-
Vote Open29 May 2023
-
Vote Closed29 May 2023
-
Did Not Become Law29 May 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Nordting
FailedFor: 0 / 35 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 35
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Workers' Union Of Fjordheim Proposer | 0 | Yes | No reason given |