76 ms·
There are extractive and inclusive economic institutions. democracies tend to guarantee the latter, we are rapidly pursuing the former.
by wnc3141 3mo ago
There are extractive and inclusive economic institutions. democracies tend to guarantee the latter, we are rapidly pursuing the former.
- ambicapter 3mo agoI don’t know about that, I feel like one of the issues when one person-one vote democracies is that it means the greater population demographic (aka the Boomers) hold a relatively higher proportion of the vote and thus can majority rule everyone else.
- forgetfreeman 3mo agoThe mistake you're making here is in the assumption that voters have any meaningful input on policy. Given the overwhelming majority of policy at both the state and federal level is drafted by lobbyists this assumption seems questionable at best.
- danaris 3mo agoBut that's a feature of oligarchies more than it is of democracies.
- forgetfreeman 3mo agoEvidence suggests the US has been a de facto oligarchy since at least 2014: https://www.cambridge.org/core/journals/perspectives-on-politics/article/abs/testing-theories-of-american-politics-elites-interest-groups-and-average-citizens/62327F513959D0A304D4893B382B992B https://www.cambridge.org/core/journals/perspectives-on-poli...
- deleted 3mo ago[deleted]
- wnc3141 3mo agoI think the designation of the US as a flawed democracy is fair. We have free elections, yet (particularly at higher levels of government) rarely see popular mandates translate to governance.