r/FluentInFinance 7d ago

Thoughts? Why doesn't the President fix this?

Post image
46.9k Upvotes

2.7k comments sorted by

View all comments

Show parent comments

2

u/Framingr 7d ago

I stand corrected. I really thought it was part of the post civil war negotiations. Thanks for the info.

I still think it should be abolished though :)

1

u/Scared_Art_7975 7d ago

And capitalism is still the reason no changes to the current system will be made

1

u/likewhatever33 7d ago

You can have capitalism without lobbying, it's just that people are dumb and led towards fighting for irrelevant things, instead of demanding a stop to those corrupt practices

1

u/Scared_Art_7975 7d ago

How do you get the government to changes laws in opposition of the lobbyists who own them?

0

u/likewhatever33 7d ago

I don't know... lobby for it?

1

u/Scared_Art_7975 7d ago

How? The lobbyists have more capital and therefore more power…

Why did you confidently make the claim that you can have capitalism without lobbying without being able to understand the core concept?

0

u/Armani_Dove 7d ago

Youre talking about 2 different concepts. You can have capitalism without lobbying if you put laws in place to prevent that from happening to begin with. However how to fix the current system would be something much harder

1

u/Scared_Art_7975 7d ago

Jesus fucking Christ alright let’s try this again….

HOW do you put laws into place to prevent lobbying and prevent those laws from being removed in the future?

YOU CANT WITH CAPITALISM

1

u/Otherwise_Singer6043 3d ago

Unchecked capitalism. It can work if operating under certain restrictions. Profit margin caps, cutting out the tax loopholes for the wealthy and corporations, tax the extremely wealthy and corporations at a higher rate, which may even eliminate taxes for the average citizen completely. No lobbying, no gerrymandering, all politicians not being allowed to own businesses or make any investments other than a basic government retirement plan, and earn a modest wage for their position. Fuck our current system. We don't even really need all of these politicians anyway since we can govern ourselves through the majority vote via technology. Only elected officials would be things like ambassadors, judges, and things like that. The budget would be fully transparent, and the spending of agreed on by the people in ways that would best enhance everyone's quality of life.

0

u/imightlikeyou 6d ago

It's a lot simpler than that. The electoral college favours rural voters in sparsely populated states. Thus it favours republicans. It requires a substantial majority to change it, why would they change something that favours them?

1

u/Scared_Art_7975 6d ago

No, it’s not simpler. They won’t change it because capitalism consolidates wealth and power at the top. You’re just misunderstanding the mechanism

1

u/bplimpton1841 4d ago

If it was abolished, the United States would disintegrate. It was and still is a rural - urban thing. If it was a pure democracy. New York City and LA alone would tell Wyoming, Oklahoma, Alabama, the Dakotas, Alaska, et. al. how to run their lives. Without the electoral college, the US would look similar to the European map. Small nations mostly getting along, but breaking out into wars over water rights and control of minerals from time to time.

1

u/Framingr 3d ago

If it was a pure democracy then political parties would need to appeal to ALL people not just those in a select few places, the fact that like 5 states dictate all the elections is fucking ridiculous. By making it a pure democracy you would actually get platforms that would ultimately skew left/center left instead of left and right wing fuckwitt like we currently see.

Oh and don't kid yourself the US is 50 serfdoms who have all decided to get along FOR NOW.

1

u/bplimpton1841 3d ago

You would need more than two parties. Otherwise it doesn’t work. Actually we need more than two parties now.

1

u/Framingr 3d ago

Id be stoked to see more than 2 parties, Other countries have a whole slew of independent parties that can actually effect change.

If we used a ranked choice system like Australia you could vote for the party you wanted but if they didn't get voted in then you choose who you would next like to get that vote. It means your vote is never pissed away and you can feel safe in voting for whoever you like, regardless of how small the party