Let’s face facts. When it comes to capitalism and creating wealth, we do a decent job in this country. Sure, there is ample room for improvement and wealth disparity is a glaring challenge. But compared with the rest of the world, we do it best. However, when it comes to politics, we’re more akin to a banana republic. Why is that?
Great points, Dylan. Markets allow participants to make their best choices for themselves. Majority voting reduces choice to binary decisions, slashing the number of people who might win their ideal choice. Rank choice voting dramatically increases the odds that more people will enjoy outcomes more closely aligned to their preferences. Which decisions are made via markets and which are made by voting will remain controversial, but improving how decisions are made should not be.
Great points, Dylan. Markets allow participants to make their best choices for themselves. Majority voting reduces choice to binary decisions, slashing the number of people who might win their ideal choice. Rank choice voting dramatically increases the odds that more people will enjoy outcomes more closely aligned to their preferences. Which decisions are made via markets and which are made by voting will remain controversial, but improving how decisions are made should not be.