“While this proposal does dismantle oligopolistic monopolies, it also systematically removes worker and consumer safeguards put in place to protect them from corporate exploitation. For this reason, we vote no.”
Economic Modernization Bill of 2019
Rationale
This bill aims to modernize our economy; ensuring that markets can compete fairly and ensure that citizens are protected. This focuses on the direct economic measures that will be felt by businesses with regards to regulation.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Competition & Monopolies |
No competition intervention
|
Active competition enforcement
|
|
| 2 | Consumer Protection |
Multi-year warranties, no-quibble refunds for faulty goods, enforced safety standards
|
Short statutory warranty only; disputes left to the courts
|
|
| 3 | Foreign Land Ownership |
Foreign purchases require government approval
|
No restrictions on foreign land purchases
|
|
| 4 | Gig Economy & Platform Workers |
Gig workers classified as employees with full rights (sick pay, holiday, pensions)
|
Basic protections (minimum pay, accident insurance) for gig workers
|
|
| 5 | Maximum Working Hours |
35-hour weekly maximum
|
40-hour weekly maximum with overtime controls
|
1
Competition & Monopolies2
Consumer Protection3
Foreign Land Ownership4
Gig Economy & Platform Workers5
Maximum Working HoursProposer
Party
Liberal Sveria
Liberal Sveria believes in a centrist path that balances the ability of the market, and the State helping where it can. The freedom of the individual is of utmost importance, referring to freedom of speech, religion, property, and more.
Core pillars
Iris King
Activist · Age 59
A seasoned labor leader turned fiery orator, Iris King rose from factory floors to podiums, where her sharp wit and analytical mind dismantle opposition arguments while her working-class roots keep her rooted in reality.
Timeline
-
Draft29 November 2019
-
Vote Open3 December 2019
-
Vote Closed1 February 2020
-
Did Not Become Law1 February 2020
Vote tally
Live tally across each chamber. Weighted by seats held.
National Parliament
FailedFor: 0 / 200 seats (0.0%)
Against: 230 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Sveria Proposer | 0 | Yes | No reason given |
| Modern Alliance Of Sveria | 134 | No | Modern Alliance supports economic freedom, but this proposal removes important consumer protections and safeguards on foreign land ownership while expanding state intervention in competition policy. We cannot support the bill in its current form. |
| People's Democratic Alliance | 96 | No | While this proposal does dismantle oligopolistic monopolies, it also systematically removes worker and consumer safeguards put in place to protect them from corporate exploitation. For this reason, we vote no. |
Union Parliament
FailedFor: 0 / 700 seats (0.0%)
Against: 476 · Abstained: 0 · Not voted: 224
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Sveria Proposer | 0 | Yes | No reason given |
| Modern Alliance Of Sveria | 277 | No | Modern Alliance supports economic freedom, but this proposal removes important consumer protections and safeguards on foreign land ownership while expanding state intervention in competition policy. We cannot support the bill in its current form. |
| People's Democratic Alliance | 199 | No | While this proposal does dismantle oligopolistic monopolies, it also systematically removes worker and consumer safeguards put in place to protect them from corporate exploitation. For this reason, we vote no. |
Voting record
Every vote must state a public reason. Most recent first.
“Modern Alliance supports economic freedom, but this proposal removes important consumer protections and safeguards on foreign land ownership while expanding state intervention in competition policy. We cannot support the bill in its current form.”