3 ms·
So the idea is roughly "give legislators a 40-year stake in the success of the nation to incentivize them to think along that duration". First question: why ju
by wallacoloo 6y ago
So the idea is roughly "give legislators a 40-year stake in the success of the nation to incentivize them to think along that duration".
First question: why just legislators? Why not give stake to the electorate who yield power to those legislators as well?
Second question: doesn't every individual more than 40 years away from death already have a 40-year stake in the success of the nation? They'll need the support of a healthy nation more and more as they near retirement and old age. If you're within 40 years of death but have loved ones that are more than 40 years from death, this should amount to a similar thing. Why is this not sufficient?
Third question: won't this become just another tool to indebt the future generation to the prior generation? We start at 0.01% gdp_ratio of GDP, but once this cat's out of the bag, doesn't it incentivize legislators to optimize for the maximal GDP(t+40) * gdp_ratio product? i.e. return isn't maximized simply by bumping GDP 40 years down the road, but by increasing the ratio owed 40 years from now past the point at which GDP begins to decrease until the product settles at a maximum.
This proposal does one thing which I find novel. It takes the stake that most people already informally have in the future of the country (point 2) and makes it more immediately monetizable. It allows a person to advocate for the future while avoiding the issues presented by delayed gratification. I think that's the insight worth building on. Whether this is the best way to achieve that, I don't know.
- heckerhut 6y agoReally good feedback. I’m gathering ideas how to make better policies over at poli.cy - If you’re interested send me an email to org@poli.cy to discuss.
- throwaway6734 6y agoDo you have any lobbying or political experience?