| > There is an inflection point below which votes do actually matter. Yes, that's true. In theory, as fewer people vote, the value of each vote goes up, and presumably there could be some equilibrium reached. Of course, I doubt that experiment would be allowed to complete without the government making significant fundamental changes. But there's another closely related issue, which might explain why lots of people still vote despite my claim that it's irrational. My claim only considered the costs and benefits of the impact of a vote on the outcome of the election. But there are other benefits that many people receive from voting, namely, the feeling of doing one's civic duty (which many people are instructed to do from a young age) and the feeling of being part of rooting for a group (like a political party). The trouble with this class of benefits is that they are enjoyed by the voter whether or not the voter invests the time to research the candidates and issues (which is much more costly than the physical act of voting, but is ostensibly required according to the traditional civics class explanation of democracy). This theory predicts that voter education on the candidates and issues would be low, which is certainly the case in a few relevant polls I've seen. > The question then becomes what is a better way to "aggregate the preferences of a large and diverse group of people" ? Perhaps, such an aggregation is not practically possible. Plenty of suggestions are out there, but they're all obviously considered very radical in mainstream Western political philosophy. Most radical political philosophies you've heard of probably either aren't fundamentally democratic (like propertarian/market anarchism, anarcho-capitalism) or are democratic in a different sense (like direct action or direct democracy in left-libertarianism). For an alternative that is slightly less radical, though still politically unfeasible for any major government in the foreseeable future, take a look at futarchy, which combines democratic voting with (money-based) prediction markets. http://en.wikipedia.org/wiki/Futarchy |