this post was submitted on 24 Dec 2023
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Because it's efficient at transferring wealth upwards.
Normally a strong democracy with multiple parties, checks and balances would help stop this. But the new META in economics is to just buy politicians to do your bidding for you. Kinda hoping the Supreme Court will patch that at some point, but it's not looking likely.
Definitely harder to patch out features then bugs.
I would be a social democrat for just that reason. But with climate change looming, my options have narrowed.