Sunday 19 May 2013

The K Street Index

"... the 'K Street Index', after the street that American lobbying firms tend to call home. In the period measured, they spent $1.2trn on lobbying (including campaign contributions).
"Readers will note that lobbying is not productive behaviour, at least not in the ordinary sense. It does not lead to higher output. It does not fund innovation or new inventions. It does not pay workers, nor stimulate additional sales."

Contrary to what Bill says, perhaps lobbyists would argue that their activities open up new markets, rid markets of oppressive and dysfunctional legislation or promote political innovation. I don't know. Neither do I know over what period the $1.2trn was spent. But it's a vast sum that shows the power of money in the US politics. Power that subverts the egalitarian ethos of democracy.
Interactive Democracy redresses the balance, facilitating everyone to vote on almost every motion or bill. If you don't vote, your vote is devolved to your Member of Parliament. And you can propose and debate issues, too. All at minimal cost when run on the Internet.

1 comment:

Unknown said...

Hey there,

I thought about democracy a lot lately and wanted to ask people who are convinced of democracy:
Do you feel like democracy is working? Are our governments really legitimate if approval ratings drop after only a few months in office and the elected government stays in power anyways? Isn't it more important that governments are responsive to their people than that they are democratically elected?

Greetings from Germany,
Bambi

http://lasagnolove.blogspot.de/