It's not, since voluntary transactions can happen as a result of said squabbling without resorting to the violence of 'power.' Maybe we need more of that and less of ramming decisions down the throats of the powerless.
They are obviously related, but it is a very loose correlation. If a billionaire (who does not pay me) gives me an order I will laugh in his face. If a traffic cop gives me an order, I will comply.
for a lot of people in the newly rich class, a kind of virtual currency best compared to a high score in a videogame. Symbolic and representing status. It's why when they attempt to translate it into power this particular class thankfully fares fairly badly, from the article:
"TogetherSF, a similar nonprofit backed by venture capitalist Michael Moritz, crashed and burned after the 2024 elections when its $9.5 million ballot measure to reform the city charter lost to a progressive counter-measure backed by about $117,000."
Hell no, California has this and it’s a catastrophe. Prop 13 is one of the worst policies enacted by a democratic polity in the 20th century, and has been wrecking the state for decades.
All reactions are taking this comment seriously, but I think it can be also read as "money equals power" (which I strongly believe - there's some power without money and sometimes money without power, but mostly those two are fungible) - and then pointing to the futility of getting money out of politics, since politics is about power.
But really what people mean is "prevent paid political advertisement of all kinds", which seems about as hard as "get rid of all kinds of advertisement" - at some point, you're back to power, communication, attention.
Hard problems. Probably there's a reason all ancient democracies did not survive.
cjs_ac|18 days ago
mothballed|18 days ago
nkmnz|18 days ago
CodingJeebus|18 days ago
limagnolia|18 days ago
cess11|18 days ago
Sounds good to me.
terminalshort|18 days ago
Barrin92|18 days ago
for a lot of people in the newly rich class, a kind of virtual currency best compared to a high score in a videogame. Symbolic and representing status. It's why when they attempt to translate it into power this particular class thankfully fares fairly badly, from the article:
"TogetherSF, a similar nonprofit backed by venture capitalist Michael Moritz, crashed and burned after the 2024 elections when its $9.5 million ballot measure to reform the city charter lost to a progressive counter-measure backed by about $117,000."
Daishiman|18 days ago
Power needs to be placed in the hands of better decision-makers. That starts from getting money out of politics.
snihalani|18 days ago
jandrewrogers|18 days ago
podgietaru|18 days ago
Analemma_|18 days ago
xixixao|18 days ago
But really what people mean is "prevent paid political advertisement of all kinds", which seems about as hard as "get rid of all kinds of advertisement" - at some point, you're back to power, communication, attention.
Hard problems. Probably there's a reason all ancient democracies did not survive.
bigyabai|18 days ago