we miss what’s really going on by focusing on the show of elections and the competition between parties. This is the theatre of electoral politics…‘This is no doubt why politics as electoral spectacle is so appealing to the media: it’s exciting and it’s simple…
Yves Smith cites David Runciman’s review on a book by Hacker and Pierson:Winner-Take-All Politics: How Washington Made the Rich Richer – and Turned Its Back on the Middle.
One of the interesting questions is for how long the economy of consumption is able and willing to sacrifice a growing share of wealth to the upper 0,1%. And how the tipping point in politis will look like. My guess: the representional system which dates back to 19th century and lags far behind our actual technical possibilities needs to be dismantled in order to get back to democracy.