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- From: dyfl@kbs.citri.edu.au (Daniel Lam)
- Newsgroups: aus.politics
- Subject: Re: The Lam philosophy
- Message-ID: <dyfl.724901309@phobos>
- Date: 21 Dec 92 01:28:29 GMT
- References: <dyfl.724399836@phobos> <6964@otc.otca.oz> <dyfl.724477851@phobos> <9235310.24063@mulga.cs.mu.OZ.AU> <dyfl.724644608@phobos> <11479@uqcspe.cs.uq.oz.au>
- Sender: news@etrog.se.citri.edu.au
- Distribution: aus
- Organization: Collaborative Information Technology Research Institute
- Lines: 23
-
- harold@cs.uq.oz.au (Andrew Wood) writes:
- >So, basically what you are saying is that in your system, people vote with
- >their dollars. The more dollars you have, the more your vote counts.
- >I was brought up in Queensland where some people had more voting power than
- >others. I did not enjoy it and I would not suffer it to happen again.
-
- This is an imperfect analogy. Firstly, political elections have much
- cruder outcomes. Some candidates win, others lose. If your
- candidate loses, that's it. In the marketplace, every dollar spent
- has an effect on production. Your tastes do not have to be shared by
- the majority to be served. Seconldy, you cannot exercise market
- influence without risking its loss. In political elections, you get
- one vote at every election. In the marketplace, if you spend your
- wealth in a way that does not meet with the consumers' approval, you
- will lose it. All said, it is of course true that rich people will
- have more influence than poor people. After all, what do you think
- wealth is?
-
- --
- Daniel Lam Phone +61 3 2822426
- Melbourne, Australia Fax +61 3 2822490
-
- In my opinion, the opinions expressed here are my personal opinions.
-