“We support responsible modernization that strengthens Velinor’s economy and energy security while ensuring people are not left behind. Innovation, investment and responsible resource use must go hand in hand with strong protections for workers and long-term national interests.”
Financial And Industrial Modernization Act of 2021
Rationale
These reforms modernise outdated rules to boost economic growth while protecting workers and the environment through balanced, future-focused policies.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
|
| 2 | Fossil Fuel Extraction |
Managed wind-down
|
Licensed extraction with limits
|
|
| 3 | Automation & the Workforce |
Actively incentivise automation
|
Permit automation with strong retraining/transition rights
|
1
Banking & Financial Regulation2
Fossil Fuel Extraction3
Automation & the WorkforceProposer
Party
Social Democratic Alliance
A party for the people who build the future brick by brick and book by book
Core pillars
Gordon Edwards
Activist · Age 59
A former high-flying banker turned political outsider, Gordon Edwards brings ruthless efficiency and unshakable integrity to the cause, having walked away from lucrative deals to fight for systemic reform.
Timeline
-
Draft21 February 2021
-
Vote Open21 February 2021
-
Vote Closed22 April 2021
-
Became Law22 April 2021
Vote tally
Live tally across each chamber. Weighted by seats held.
The Grand Assembly
PassedFor: 276 / 360 seats (76.7%)
Against: 33 · Abstained: 0 · Not voted: 51
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Conservative & Unionist League | 13 | Yes | Less regulation will build a stronger economy |
| Libertarian Left | 33 | No | The second article goes against our beliefs of protecting the environment |
| National Conservative Alliance | 81 | Yes | We support responsible modernization that strengthens Velinor’s economy and energy security while ensuring people are not left behind. Innovation, investment and responsible resource use must go hand in hand with strong protections for workers and long-term national interests. |
| Paleolibertarian Alliance | 13 | Yes | A step in the right direction in terms of economic policy |
| Social Democratic Alliance Proposer | 169 | Yes | No reason given |
The Upper Council
PassedFor: 119 / 150 seats (79.3%)
Against: 16 · Abstained: 0 · Not voted: 15
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Conservative & Unionist League | 4 | Yes | Less regulation will build a stronger economy |
| Libertarian Left | 16 | No | The second article goes against our beliefs of protecting the environment |
| National Conservative Alliance | 38 | Yes | We support responsible modernization that strengthens Velinor’s economy and energy security while ensuring people are not left behind. Innovation, investment and responsible resource use must go hand in hand with strong protections for workers and long-term national interests. |
| Paleolibertarian Alliance | 7 | Yes | A step in the right direction in terms of economic policy |
| Social Democratic Alliance Proposer | 70 | Yes | No reason given |
| Empty seats | 57 | Not voted |
President
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Social Democratic Alliance Proposer | 1 | Yes | No reason given |
Voting record
Every vote must state a public reason. Most recent first.
“A step in the right direction in terms of economic policy”
“Less regulation will build a stronger economy”
“The second article goes against our beliefs of protecting the environment”