The Myth of the Rational Voter: Why Democracies Choose Bad Policies
Quotes from the Book
Leaders never hesitate to miscount or destroy ballots. Coming to office and staying in office are the most important things in politics. And candidates who aren’t willing to cheat are typically beaten by those who are. Since
Paying supporters, not good governance or representing the general will, is the essence of ruling. Buying loyalty is particularly difficult
The world of politics is dictated by rules.
There is never a point in showing your hand before you have to; that is just a way to ensure giving the game away.
Every type of politics could be addressed from the point of view of leaders trying to survive.
How do tyrants hold on to power for so long? For that matter, why is the tenure of successful democratic leaders so brief? How can countries with such misguided and corrupt economic policies survive for so long? Why are countries that are prone to natural disasters so often unprepared when they happen? And how can lands rich with natural resources at the same time support populations stricken with poverty? Equally, we may well wonder: Why are Wall Street executives so politically tone-deaf that they dole out billions in bonuses while plunging the global economy into recession? Why is the leadership of a corporation, on whose shoulders so much responsibility rests, decided by so few people? Why are failed CEOs retained and paid handsomely even as their company’s shareholders lose their shirts? In
It’s always better for a ruler to determine who eats than it is to have a larger pie from which the people can feed themselves.
Democracies are not lucky. They do not attract civic-minded leaders by chance. Rather, they attract survival-oriented leaders who understand that, given their dependence on many essentials, they can only come to and stay in power if they figure out the right basket of public goods to provide.
Lee Kuan Yew ruled Singapore from 1959 until 1990, making him, we believe, the longest serving prime minister anywhere. His party, the People’s Action Party (PAP), dominated elections and that dominance was reinforced by the allocation of public housing, upon which most people in Singapore rely. Neighborhoods that fail to deliver PAP votes come election time found the provision and maintenance of housing cut off.18 In Zimbabwe, Robert Mugabe went one step further. In an operation called Murambatsvina (Operation Drive Out the Rubbish), he used bulldozers to demolish the houses and markets in neighborhoods that failed to support him in the 2005 election.
Companies maintain lively web sites to put their view across but entrepreneur-owners have not stepped forward to do the same to help organize the mass of little owners and to provide a way for them to share views. Sure, there are bloggers writing about anything and everything, but there don’t seem to be shareholder-controlled sites to exchange thoughts and ideas about a company that participants own in common.
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About Bruce Bueno De Mesquita
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- Bruce Bueno De Mesquita
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- History
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