> Last election someone just casually threw around $300.000.000 to buy himself into government.
That doesn't imply a high income or some extreme income inequality, though. There are the usual tricks like amassing wealth and borrowing against it in order to secure access to dollars without needing an income.
There is income inequality to some degree. Some people do make more than others. That is undeniably seen in income data. But is the income inequality really that high?
ok, whether you file your billions as income or as capital does not matter.
What matters is
1. in a democracy every vote should be counted equal
2. if just a tiny fraction of the populace has immense financial power
2a. you risk they get to turn that into political power
2b. effectively demolishing point 1
You are now at step 2b. The next steps I would not even mention.
> whether you file your billions as income or as capital does not matter.
It does matter. We are talking specifically about income inequality. Wealth inequality would be a very different topic.
> in a democracy every vote should be counted equal
But in a representative democracy you don't normally cast an official vote yourself. Referendums are rare. You only talk to your representative and then rely on him to vote your way at the official vote. The constituents could theoretically cast a formal vote at the local level to provide checks and balances to ensure that the representative is representing when it comes down to the final vote, but that's a lot of work. In theory, representative democracy assumes locals will still talk with each other and any discrepancies will be found even without a formal ballot. In practice, I doubt that happens. Talking to neighbours is still a lot of work.
In fact, because democracy is hard work, most people won't ever speak to their representative even once! That is a challenge for democracy as even if you have a perfectly faithful representative, they can only represent those who take the time to say their piece. The perfectly faithful representative is unable to read minds. That is impossible. If you don't talk to them, they can't know what you are thinking.
Yes, this does give the wealthy an advantage as:
1. The wealthy tend to be, on average, more confrontational and would enjoy spending all day talking to a representative. They don't consider it the chore the average person does.
2. The wealthy tend to be able to buy time to spend with a representative. They can afford to spend all day talking. And if they don't want to do it personally, they can hire someone to do it for them.
This is the inherit flaw of democracy. Even a direct democracy ultimately suffers the same problem of only serving those who can afford to participate. Not everyone buys into democracy being the be all and end all for that reason. But no system is perfect.
The topic of the OP is abusing ones outsized financial power to thwart the democratic process. I am fine with either cause you focus on, both are important.
I do not disagree with your post, but imho I propose to take another angle.
> But in a representative democracy you don't normally cast an official vote yourself
True,
1. so what you need is *information*. Here you need an independent press, to give accurate information on what is happening and how the different political parties/representatives conduct themself. The press in the USA is an oligarch party. They fail to inform, to weed out marketing from content. Circus sells better than information, outrage content is more lucrative than facts and research. The editorial boards are directed by commercial ownership.
2. so what you need is *independent representatives*. You think about people like Musk having more time to persuade a representative. Here might be a misunderstanding. You are not rich if you can buy four sports cars and a big mansion. You are rich when you can *buy your representatives*. There are lots people looking for upward mobility, be it in institutions, the judicial system or in political parties. You sponsor a career.
There is a way out of this doom loop, but it can't do without erecting those two pillars. If corporate media distorts reality, you have to go grassroots to spread information.
That is *the power of democracy*: people taking initiative on their own.
> The topic of the OP is abusing ones outsized financial power to thwart the democratic process.
As the topic progressed, it was brought up that a functioning democracy has "way less" income inequality. Which is where I asked if there is really that much income inequality as-is? In most places, the US included, there is a strong disincentive to have an income, and especially a high income. It is surprising to me that income inequality might be that far out of whack because of that.
There are one-time income windfalls, like the sale of a high value asset, or winning the lottery. Hence how 20% of the population can, somewhat counterintuitively, be in the top 1%. But I am not sure that is in line with the intent of the comment. If everyone got a chance to have one year with a $100 million dollar income, but otherwise only make $30,000, you would have very high income inequality on a single year basis, but in the end everyone would make the same amount. I am not sure that would impact democracy like one person making $100 million each year with everyone else making $30,000 each year.
> I propose to take another angle.
It seems to me that angle was already taken, and was already discussed to death before I showed up. I find this topic to be far more interesting, and one that we have barely just scratched the surface of, leaving no reason to pack up and find a new topic. There is no obligation for you to participate if you do not find it interesting in kind, of course, but I do not see the value in taking another angle out of the blue without natural emergence.
> As the topic progressed, it was brought up that a functioning democracy has "way less" income inequality.
I brought it up, but should have said wealth inequality to avoid any technicalities. The fish we are talking about have the means to move the nets like they want, so for our subject is does not even matter.
Democratic societies with an educated populace, with access to health care, equal rights and a functioning judicial system usually have less anomalies in wealth distribution too.
Kleptocracies usually have an extremely rich but small elite, and a poor populace that have less access to education, health and rights.
That's all. But as a bonus: the gdp/pp is higher in democratic societies than in kleptocracies. But that is another topic.
> but should have said wealth inequality to avoid any technicalities.
But that would be an entirely different discussion, and one not particularly interesting as the wealth inequality impact is much more clear. Regardless of how we landed here, we did, and I think it is an interesting topic that is worth diving into. You must agree, given your continued participation?
Last election someone just casually threw around $300.000.000 to buy himself into government.
Why would we continue to fool ourself? 20% of the population in the top 1% sounds really bad for the other 80%.
But then again, what share of the USA do the top 100 wealthy people own?
And this all still sidesteps the question
Neither False Balance nor Binary Belief Trap is going to save them.