Hacker News new | ask | show | jobs
by illiac786 19 days ago
Wealth inequality leads to lots and lots of power concentrated in a few people. That’s the problem.

It’s a money aristocratic system, and that’s really bad for anyone not belonging to the aristocracy.

And if they continue on this path, we might see heads roll.

1 comments

1 man, 1 vote.
So your are saying money has no influence on politics? Really?
Rich man, PAC advertising
Political advertising has no effect on my vote. Does it affect yours?

Consider that Hillary outspent Trump 2:1 in the 2016 election, and lost. Same story in 2024, Trump was way outspent by Harris. Harris lost.

Advertising doesn't work if the message is bad.

But then according to the tenets of efficiency of a free market system no candidate would be spending so much on advertisement.

You can't have it both ways, (i) free market is ideal and efficient. Prices are correct and fair etc etc (ii) But doesn't apply to campaign spending.

> Political advertising has no effect on my vote. Does it affect yours?

Oddly, basically everyone says this about advertising in general, and yet it consumes approx 3% of world GDP.

Direct advertising is not the only factor you need to consider. Many powers had been doing political radicalization for years through many channels, including foreign sponsored ones.
Depends on your definition of a bad message. A lie can be very palatable.