Currently elected officials lack the knowledge, experience or personal interest needed to fully understand the overwhelming power they have. Voters lack the knowledge to fully understand how much quality each candidate has in all the areas they have the power over. This very rational ignorance of the voter’s knowledge of candidates is profound. |
The solution is to diversify representation greatly. This is done by dividing up responsibilities. Switching from representation by geographic areas to individuals picking their representatives and that representative’s voting strength is based on how many of those they represent. Rational ignorance is solved by voting for an organization that you agree with, which does in-depth research in to candidates. There is also an element of using price to acquire the best talent for a job. |
Competitive Regulatory Agencies (CRA's) Perhaps the greatest power a Politician has is the power to regulate. Huge amounts of campaign money flows to politicians that can help them or harm their competition with regulations. A politician could not possibly know the smallest fraction of the detail of all the industries that they regulate. CRA’s first separates all the sectors of the economy and then allows businesses to pick which private sector regulatory agency will regulate them. Standards will improve with businesses protecting their brand and chasing high ratings. |
Every person picks a rating agency that they agree with and has their trust. That pick gives real power to that rating agency. These ratings, while often is just mandatory information on products, which is powerful, often mitigates negative externalities outside the transaction or to the broader public. While current regulations and standards are often quickly outdated or ‘gamed’, these new Ratings System will be necessarily dynamic, changing quickly as new technologies emerge, companies ‘gaming’ the system and among other challenges. |
There are many ways to help those in need. Politicians create one way in which the government helps. The necessarily static way government helps is doing great harm. The help needs to be dynamic. However dynamic though, there are still different philosophies of helping the poor. Every person will determine which CDA they will contribute their money or volunteer their time too. Those that contribute to a CDA have voting power to pick the leadership of their CDA. CDA's leadership will have real power. |
rMany programs currently controlled by government will be turned over to the private sector and many required to be in publicly traded corporations. Representation will be within proxy groups created to deal with the rational ignorance issue of corporate elections. People will be able to easily turn over the proxies they own to groups they trust to elect people to run the companies they own through stocks. |
There are some that want government to ‘take care of them’. They believe they government should provide them a job, a house, food, clothing, a living wage, health care among many other ‘needs’. Anyone could join a group and the group would be self sufficient. All the people that join a statism organization are said to be just as or more intelligent and caring as those within free enterprise. Create your utopia. Representatives elected by the members of the group would set the rules, benefits and responsibilities? Every person would be able to pick which if any Statism Organizations they wish. |