The very notion of a franchise just gets you into trouble. Stock-holding does fine.
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I'd love to see some small country try converting from democracy into stock holding. Convert all current voting rights into divisible and transferrable voting rights. Suspend issuance of new voting rights. I suspect votes would start out quite undervalued as people dump shares.
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It would be quite an experiment. How could a place be convinced to try it?
10:11 PM - 18 Jan 2018
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