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I think the "power" category is best, but obviously a sensitive topic. What we need is a layered democracy, where the smart people who understand a field and ha

by andreyf 16y ago

I think the "power" category is best, but obviously a sensitive topic. What we need is a layered democracy, where the smart people who understand a field and have power to influence laws there (with the advice of experts in whatever fields those laws have side-effects on), but not in a selfish way. The way congress works now, it's the people with money who influence law, and some of them are doing it either out of self-interest, or in the short-term financial interests of their institutional shareholders (401(k) managers, for example), who don't understand anything about the domain.

TomOfTTB 16y ago
That's the whole point of the article. Taxing the rich doesn't work because they always find a way to subvert the taxes. So we have to give them something they can "buy" rather than taxing them in order to get their money without them fighting us on it.
rst 16y ago
But Congressmen and the executive honestly think that they're listening to "the smart people" right now, for the most part. When they consider copyright issues, they listen to the smart people who run record companies and movie studios. When they consider energy policy, they listen to the smart people who run oil companies. (Big oil was in charge of the Gulf oil spill cleanup because the government genuinely didn't have the expertise.) When they consider finance, they listen to the smart people who run the banks. And so forth. Or so they say --- and you can call it rationalization for cashing their lobbyists' large checks, but I think they honestly believe it regardless. After all, these folks do have a record of achievement in their fields, and how else is a Congressman to judge? What we need is a better answer to that question, which has measures for expertise other than "they made a lot of money at it." Unfortunately, it's hard to see anything like Adams's proposal, of explicit preferential treatment for the rich, as being a step in that direction.

by andreyf 16y ago

TomOfTTB 16y ago

That's the whole point of the article. Taxing the rich doesn't work because they always find a way to subvert the taxes. So we have to give them something they can "buy" rather than taxing them in order to get their money without them fighting us on it.

rst 16y ago

But Congressmen and the executive honestly think that they're listening to "the smart people" right now, for the most part. When they consider copyright issues, they listen to the smart people who run record companies and movie studios. When they consider energy policy, they listen to the smart people who run oil companies. (Big oil was in charge of the Gulf oil spill cleanup because the government genuinely didn't have the expertise.) When they consider finance, they listen to the smart people who run the banks. And so forth. Or so they say --- and you can call it rationalization for cashing their lobbyists' large checks, but I think they honestly believe it regardless. After all, these folks do have a record of achievement in their fields, and how else is a Congressman to judge? What we need is a better answer to that question, which has measures for expertise other than "they made a lot of money at it." Unfortunately, it's hard to see anything like Adams's proposal, of explicit preferential treatment for the rich, as being a step in that direction.