On 5/5/2015 5:27 AM, Telmo Menezes wrote:
On Tue, May 5, 2015 at 1:12 AM, meekerdb <meeke...@verizon.net
<mailto:meeke...@verizon.net>> wrote:
On 5/4/2015 2:54 PM, LizR wrote:
On 5 May 2015 at 00:12, Telmo Menezes <te...@telmomenezes.com
<mailto:te...@telmomenezes.com>> wrote:
On Mon, May 4, 2015 at 1:03 PM, LizR <lizj...@gmail.com
<mailto:lizj...@gmail.com>> wrote:
Yes, very. I haven't read the paper yet but I hope when they say
you pay
for votes that isn't meaning a plutocracy, but from some share of
equally
distributed "voting capital" or something similar? So people can
spend
their voting power on whatever they're concerned about?
The idea is very simple. You can buy x votes for (x * c)^2 dollars. In
the end,
all the money that was spent on buying votes is equally distributed by
the
voters. So the more the plutocracy spends its financial capital to
influence
policy, the more wealth equality you get. The author proposes a
mathematical
proof that such a system would stabilize on an equal distribution of
political
power.
Of course, there are many real world details that could make this idea
fail
miserably, but it's fun to think about.
Yes, if it's real money being spent it's kind of similar to the current
system, at
least in countries where unlimited pre-election spending is allowed. A lot
of the
time the rich - who own the media and so on - buy the result they want, as
per Mark
Twain's comment.
Where does the money go once it's bought votes?
It's redistributed. So after the Koch brothers spend $889,000,000 in the
next
election to cast 29,816 votes, each of the 129 million voters will get back
$6.88
(plus the $1 they put in plus a share of whatever other big spenders put in).
Actually I think the Bros will be better off buying attack ads with their billion.
Which is a better situation than we have now, where they can just buy the laws for much
cheaper.
I'm not sure that's much cheaper. One way they buy votes is by funding attack ads against
opponents of legislators they want a vote from. But if you're interested in "quadratic
voting" you should read this
http://rangevoting.org/MonetizedRV.html
by a Warren D. Smith.
Brent
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