Wednesday, January 18, 2006

The publicly traded politician - and other reform proposals

Wow, political reform is back again. For a week. I read one semi-serious proposal that I quite liked. It reminded me of something. Took me a few minutes to remember what.

It turns out that in 1996 I wrote a web page with two radical and semi-serious approaches to reforming politics. The old pages are topical again ...
Campaign Finance Reform: Voluntary Mandated Sharing:

... Campaigns need money. Powerful people need good things. Both needs can be satisfied by transforming politicians into publicly owned corporations. After meeting standard accounting requirements, a politician would be sold through an IPO. The usual futures and options markets would develop. Standard reporting and accounting regulations and SEC enforcement would apply. Cheaters would be delisted, and thus be effectively removed from future campaigns.
Read the page for the other proposal.

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