Eliminating the Filibuster and the Problem with Democracy
What would happen if the Filibuster was eliminated and America fully shifted from Republic to Democracy? Scott Boykin breaks it down.
"In democratic politics, the time horizon that concerns political elites is limited to the next election cycle, so the system is systematically biased against long-term rational decision making. Indeed, as economist Hans-Hermann Hoppe has cogently argued, the incentives of politicians in democracies are to focus on the present and discount the future very heavily. Politicians in democracies seek to present themselves as holding and acting upon grand political and moral principles, but whether they hold such principles is not relevant to their behavior, which is instead motivated principally by short-term advantage. Thus, whatever they may say about the basis for their decisions, the true reason is their conviction that it will help set them up for victory in the next election cycle."
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