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I said it seemed the rational thing to do, and that is a single isolated view on the statistical fact - one single reason. All the reasons, and their importance, for their support of democrats may not be that obvious, and I don't think that there is any simple explanation - although we all...

wjk, a dictatorship or totalitarian, very authoritarian rule could not immediately and peacefully be turned into a direct democracy unless that ruling system was forfeited, and in the case of censorship - an e-democracy is impossible. They first need to go through the step of becoming an open...

I wonder if any trader that made a fortune on some market deficiency would later become a supporter of plugging those loopholes? I guess it's the rational thing to do - although it's very hypocritical: "oh, I made lots of money this way, but it's really not fair to the market so lets change...

Gives the term "shotgun wedding" new meaning... :D

Markets are also much more efficient today, so the edge the old heroes of trading enjoyed is much more difficult to attain nowadays. You really need to have some foresight like hedge fund manager John Paulson last year. The electronic markets make the marketplace itself much more a level...

Well, if someone pledge or sell their vote is something that I'm not sure if it's possible to hinder in any way. I agree that many - maybe most - would object to having a system for trading their votes. There is also the need to have trustees that can vote in place for others when they...

To go completely overboard in theory of financials and economy intermingled with political decision here: Consider having an electronic market where you could by and sell individual/block votes on particular issues. As long as there is full disclosure demanded by the voting system of who...

Humpy, yes - I do think that direct democracy is the direction that society is evolving into. This gets away every competing political ideology - because it's something that transcends ideology, and rather is founded philosophically on advantage, realities and technological capabilities. You...

Oh, not to forget... there are also great business opportunities to the transition into such a e-democracy using the transition by a representative direct democracy as long as the political system is still the same. :D If a balanced non-malicious financing using advertisement or other...

Anyone with knowledge of CRM, ticketing/support systems, ERP, data-mining, logistics, financial trading, archiving, accounting, risk-assessment and many other fields - knows that a technological platform greatly improves efficiency, reliability and trust of the respective processes. Well...

Well, I guess that's only natural before the Asian markets open - to see larger spreads. I must admit that 10+ spreads is pretty wild though, and spreads of 30 pips is pretty outrageous. If they can't sustain a market before regular hours - why offer such a bad deal? Seems like they are hurting...

The population of a democracy gets alienated from the political process because of the current flawed execution of the democratic models - open to special interests and corruption. By increasing the complexity of the political process on top of increasing the number of laws and regulations, the...

The concerns are all true and valid, but there are many considerations. What some call a "cynical and calculating" choice is by others seen as a bold and strong statement. There is no denying that Sarah Palin seemingly is a politician with very strong integrity, inexperienced, popular as well...

Consider what is most effective: - continued embargo, perhaps tightening economic restrictions - no embargo, free trade, flow of information, access to computers/Internet Which would be most in the interest of USA? Which would constitute a positive change for the region? There is...

trendlover, in a direct democracy like e-democracy or the transitional form of representative direct democracy - there are no bureaucrat politicians elected into "office". :) For decisions on voting matters, there need to be protective systems so that e.g costly projects are not...

Just wanted to link in a continuation of these ideas from another thread, without replicating it. http://www.elitetrader.com/vb/showthread.php?s=&postid=2048542#post2048493 Arrow's impossibility theorem is certainly interesting, but also reflects the realities and limitations of the time...

Just as a comment on the "impossible fairness" of voting systems... The flaw with the theorem is that it sets all choices as static choices, not to be undone... That is not how the universe and reality behaves, and that is not how a decision is made. Every reasonable and stable/healthy...

Oh, and another interesting idea... http://en.wikipedia.org/wiki/Two-level_utilitarianism http://en.wikipedia.org/wiki/Utilitarianism I don't see acts as a moral system like above, but two-level utilitarianism is close. I uphold ethics for structural integrity, but essentially reject morals...

Jayford, just wanted to throw in some links for further reading. I have some friends that go to the objectivism seminars in the US every year, do speeches etc - but I do not agree on whole with objectivism, supernatural/naturalistic philosophical libertarianism or minarchism - although I...

I'm no fan of neither taxes, subsidies or sector-specific tax-breaks... but they all exist and are part of the regulations for the US economy. You can't just ignore some parts of it; when you first have this system, you need to make it work. Excessive spending has created a tough problem, and...