Yes, and that's the point, because it immediately cures main deficency of the democracy: decisions about country's major issuess would be made by people who are smart, successfull and have experience leading big organizations or companies, instead of being made by every idiot that happens to be of the legal age.
> decisions about country's major issuess would be made by people who are smart, successfull and have experience leading big organizations or companies, instead of being made by every idiot that happens to be of the legal age.
You then confuse financial success with competence or intelligence. Also, keep in mind those "idiots" will have to obey their "smart, successful" rulers without right to question their rule. They are also in much larger number and may resent that. How do you intend to oppress them?
> You then confuse financial success with competence or intelligence.
I stated from the beginning that I consider ruling out any possibility of stealing and cheating to be prerequisite for existence of the capitalism. Given that,the only remaining ways to become rich are to be competent and intelligent.
> Also, keep in mind those "idiots" will have to obey their "smart, successful" rulers without right to question their rule. They are also in much larger number and may resent that. How do you intend to oppress them?
Funny thing is that they do not need to be oppressed at all.
Most people are just mentally incapable of questioning rules that were imposed on them, they are totally happy with explanations like "it has always been like that. It has to be like that". They even like being told what to do because it is easier and gives them sense of security.
And those few who are brave enough to question rules are welcomed to be successful, earn a lot of money and join the class of "rulers".
Moreover, provided that the "rulers" are really intelligent they will know how much they can push their minions without causing resentment. This is basically how US politics works these days :)
> Given that,the only remaining ways to become rich are to be competent and intelligent.
Inheritance is another possibility. Do you intend to rule that out too? And, again, if the "smart, successful" are the ones making the rules, you can bet none of them will ever be caught cheating.
> Most people are just mentally incapable of questioning rules that were imposed on them
> Moreover, provided that the "rulers" are really intelligent they will know how much they can push their minions without causing resentment.
If you can point to even one single state that has successfully done so, it would be of immense help to this discussion.
> But instead of putting their vote in a ballot box they vote with their money, which has much more power.
This way you reintroduce http://en.wikipedia.org/wiki/Suffrage#Census_suffrage.