> the more fundamental question remains how can we achieve human welfare in a world where informed democracy is an illusion? I think the way is to change the i

> the more fundamental question remains how can we achieve human welfare in a world where informed democracy is an illusion? I think the way is to change the incentives. People in our society have various skills and abilities. Some of them are highly skilled at accumulating influence. They use that influence to get wealth. Then they leverage the wealth for more influence. Our society is structured to move those people into positions of greater and greater influence and wealth. And those without such skills are marginalized and suffer. I think a democratic society with pure socialism would not suffer from this problem. It would contain people who are good at accumulating influence, but they could not use that influence to gain more money (to leverage for more influence). Without the power-multiplying effects of wealth accumulation, influencers would be limited in their reach. That society would be less likely to develop an upper class with disproportionate power, nor marginalized middle and lower classes.