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What underlines this, I think at least, is the fundamental failure of representative democracy: if the representatives can gain larger personal wealth especiall
by chx 10y ago
What underlines this, I think at least, is the fundamental failure of representative democracy: if the representatives can gain larger personal wealth especially on the long run by electing rules that concentrate wealth they will do so. This will work, alas, even without any corruption -- when they leave their post they will be able to get compensated for participating in the "system" and they know this. Because a Business School can only corrupt society if regulation lets that happen.
Breaking this up is not easy. I believe liquid (or delegative) democracy is the road forward. It is very interesting that the early Soviets before the Bolsheviks took over were pretty much this. http://www.ditext.com/voline/89.html http://www.ditext.com/voline/89.html But the time was not right for that -- now everyone has the means to communicate in their pocket so perhaps it's time now.