Sunday, February 1, 2015

The Marketplace Democracy

The recent state election results in Queensland and Victoria demonstrate that Australians do not understand how a functional democracy works. In both cases a pro-business conservative government has been removed after only a single term.

Business needs certainty to operate. It is this lack of certainty and consistency that is the greatest weakness of a multi-party system of government where party policies are not similarly aligned.

Australians, and indeed all democracies, should turn to the marketplace for a better system of government. Instead of making policy based upon the vague popularity among the ill informed general populace it should instead be made based upon what corporations or people are willing to pay for it. In this way the democracy of the marketplace rewards success, for those who are most successful will have more funds to determine the policies that should be enacted.

Indeed the marketplace democracy is how many recent governments in Australia and overseas have been operating. We should not let the people dictate otherwise.

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