Optimizing Free Speech in The Social Economy
After Citizens United, free speech means big money. A large contribution can be considered a suggestion by the funder, but in my experience Hyperagents, like my boss and generous patron, she who rules us all, prefer that their suggestions, when accompanied by money, be taken as commands, or purchase order. A major problem today, though, is that politicians take bigger and bigger gifts from funders, in a kind of influence auction, but then do not always do what the largest buyer has suggested. In a rational influence market, politicians will be required to refund all monies they received but did not act upon appropriately, in the eyes of the funder. Influence money will come with a money back guarantee of outputs, if not outcomes. To further rationalize the market, Wealth Bondage, the owner and sole adjudicator of the social economy, will track and evaluate politicians, to better assist funders in making rational choices. In the offing are influence impact mutual funds and a class action suit to rectify wrongs to funders.
Political Influence Dashboard
- At what price does the politician trade?
- Does the pol prefer cash, securities, check, or money order?
- Does a board seat promised in the future produce policy results for the funder today?
- Does the board member prefer red or white wine? Boys, men, women, or girls?
- Is the gift best made in person or through intermediaries?
- Would the pol prefer the gift be made to the politician, a spouse, child, or foundation?
- What is the track record of the pol (Social Return on Investment) on following through on promises to funders?
- Which politicians represent the best value?
Political Impact Free Speech is Money Fund
- An actively managed portfolio of politicians by issue area, location, and risk/return ratio.
Wealth Bondage versus The American People
- WB has opened a class action suit aggregating funders who bought political influence but whose wishes have been ignored.
- We hope soon to overturn Citizens United, deeming money to be mere free speech, and replace it with the simple law of contracts. Money does more than talk. It rules. A funder should get what a funder has purchased.
Good on WBs effort. Politicians are killing...
Posted by: CCD Lens | September 07, 2012 at 07:04 AM
Exactly this is happening in the whole world.
Posted by: Financial advice | September 07, 2012 at 08:04 AM
How capitalist of you, tutor, to see this as a gift economy in which if Mr. Capitalist is unhappy with results of his "kindness," he can demand a refund, collect his marbles and go home. How petulant, swishy and small. You want to roll with the big boys, you pay your dues. You hope the whisper flows that you're a good soldier. You might have to prove your worth. Sentiment will gather in the corps as to whether in fact you might be worth a nod. Maybe the Job Creator will deign to create one, a small kindness for you or your uncle Louie. Get over your rich-boy attitude, sir. Your whiteness won't wash here.
Posted by: tm | September 11, 2012 at 08:13 AM
To accept favors and not pass them on, or return them, is not fair play. Honor demands that we be faithful servants of the public interest as represented by its Voice, which is money in our pocket.
Posted by: Phil Cubeta | September 11, 2012 at 04:41 PM
Important post. I thought capitalism is a reality but is a curse to the society as well. Good on WB for their efforts.
Posted by: Mylar | April 28, 2013 at 11:10 AM