3 ms·
This analysis ignores that the $500K person gets one vote like the $500 people each do.
by RhysU 3y ago
This analysis ignores that the $500K person gets one vote like the $500 people each do.
- PaulDavisThe1st 3y agoThis analysis is focused on economic power, not political power. If it was about political power, it would still have to be noted that despite some effort, the fact that wealth doesn't literally buy you extra votes doesn't eliminate wealth giving you more influence over political priorities and decisions.
- RhysU 3y agoHow exactly is economic power divorced from political power and vice versa? Power is power.
- PaulDavisThe1st 3y agoIf I have $2B, but no interest in politics. I can get things made, I can buy out or price out competitors, I can buy property to obstruct/divert things that I do or don't want, I can launch companies doing things I think ought to be done ... None of these require political power in the sense of actually voting nor in the sense of lobbying/bribing/donating to politicians. Moreover, the people who will feel the effect of my spending/investment may be disjoint from the people who would feel the effect of me exerting political power via money.