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I like the idea of voting quadratically with money. Every vote scales with cost. Instead of hiding the reality, just expose it and limit it with quadratic scali
by dfischer 7y ago
I like the idea of voting quadratically with money. Every vote scales with cost. Instead of hiding the reality, just expose it and limit it with quadratic scaling.
- typest 7y agoThat’s actually Glen Weyl’s original idea behind quadratic voting — I think the intermediate token they are proposing now is to make the reform more palatable. In their book, they propose several solutions to taxation that would help with wealth inequality, and then propose to do quadratic voting with money, rather than an intermediate token.
- MaxBarraclough 7y agoAnd people with no disposable income get zero representation, and aren't even worth pandering lip service. Doesn't sound sustainable, but it's an interesting idea to play with. You could adjust the price-point to make it more or less price-competitive with lobbying and conventional bribery, and to serve as a sort of tax. Might make for a good cyberpunk setting.
- dfischer 7y agoWell one vote is $1. The economies of scale fit in really quickly with manipulation. Second $4 and so on.