Showing posts with label free market. Show all posts
Showing posts with label free market. Show all posts

USA Election: Proposing a Free Market Solution to Electoral College Dilemma

Free market solution to Electoral College dilemma.
Corporations and their shareholders should make major investments in the counties (Maine and Nebraska) whose Electoral College representatives are allowed to vote outside their state "winner take all" system. Like a "magnet school", these counties economic benefits would create incentives for other states to slowly loosen the "winner take all" system which is responsible - twice in 2 decades - for promoting a candidate with fewer popular votes to Chief Executive. Detroit should be the first. Had Michigan allowed the City of Detroit to cast its own proportionate electoral votes, investors would be saving the city and politicians wouldn't appeal solely to the Michigan rural majority. Whichever Michigan governor pulled it off would be credited with healing the city, which has become the very thing that "white" Michigan cities (Howell etc) fear in its current state.
I'm constantly asked to explain the USA's Electoral College whenever the topic of a USA election comes up. It's a civics lesson about a rational decision by smaller state actors. Here's how I explain it to Europeans.
Imagine if Europe were to try to elect a President of EU. Its "United States of Europe" constitution would require the buy-in, or joining, of individual member states with their own cultures and languages. Those states would, in a completely free market, face the same market forces as urbanization. Money is more efficiently concentrated in one place. Smaller nation-states would fear being lost in the shuffle.
Why build a bridge or an airport or a stadium in a small state, like Vermont or Belgium or Denmark, if the marketplace and political (voter) economics reward spending that infrastructure money in a big city like London, Paris, Milan, etc? If you were a President, you could always win more votes by spending every federal dollar in the cities and states with the most votes. If you were an EU state like Belgium, you'd be about the population of Michigan in the USA (in proportion to USA/EU population). That fear created the "winner take all" electoral college, and Luxembourg would as likely want "all its votes" cast on one candidate, to ensure candidates don't just passively take 45% of their votes and move on.

It's a Wonderful X

This was originally just a reaction to a Facebook Meme about something something being bad.

The number of things people lift their little petty pricky fingers to protest (troll) online is pitiful.  It's so negative out there, that you'd think anything "free market" or "free trade" is presumptively evil.

Idea: It's a Wonderful X. Make the movie (or short slide show) about things we hate (e.g. Wal-Mart) and how life would be if they never existed. I don't "LOVE" WalMart, but I do realize it's the same as a massive Co-op for poor people, bringing prices down by bringing needed jobs to other poorer people. It probably gives more to the poor (through lower pricing and net jobs) than tax-rebates or Salvation Army. Anyway, the concept is that when we oppose or hate something the free market created, we should make a little It's A Wonderful Life movie to make sure that (e.g., never invading Iraq) the world would be better today, or not. I think there are real legitimate things to protest (loss of endangered species, loss of rain forests, etc.) which will NEVER survive the "Wonderful Life" Test. I'm not pure free market, but people who postulate that free-market=evil are alchemists.

This is actually a good enough "tweet" for a blog post.

My grandfather's name was Clarence, and my son's middle name is for the Grandfather, not for the Wonderful Life Angel.