[EM] [MG] Helping the Pirate Party to vanish

Kristofer Munsterhjelm km_elmet at lavabit.com
Mon Mar 18 03:00:53 PDT 2013


On 03/18/2013 09:58 AM, Paul Nollen wrote:
> Liquid democracy is tested for many years in every big (and small)
> corporation. It is unthinkable that shareholders have the obligation to
> give their voice for more than one General assembly to anyone. Every
> shareholder can vote for himself or appoint a representative at his
> choice only for that dedicated General Assembly. This system of "liquid
> democracy" is proven over many years all around the world.
> It is only in politics that voters are forced to give a mandate for many
> years for decissions unknown.

The way I understand liquid democracy (and correct me if I'm wrong), 
people can give their votes to proxies, and these proxies can in turn 
give their votes to other proxies; whereas in corporations, the proxying 
happens only once. That is, either you vote or you say "X will vote for me".

(I imagine that if indirect proxying had been possible in corporations, 
we'd heard more about cycles. But again, I could be wrong. I've never 
been to a general assembly.)

Also, for corporations in general, there are arguments that the real 
power resides as much with the board as the assembly. This is given as 
an explanation for the weird incentive structures that often appear, 
with enormous bonuses given to executives even when the companies 
struggle or fail. The recent Swiss Minder referendum can be seen in that 
light.

In effect, that argument goes that the board can more effectively 
exercise power than the general assembly can counter it, so the real 
decisions are made by the board. If this is true, then having a more 
corporate system in the political domain may not be such a good thing.

On the other hand, perhaps the boards are powerful only because the 
general assembly meets so infrequently. As an imperfect analogy: "you 
can accomplish lots of things even in a prison if the guards only look 
on you once every year". And if *that*'s the reason, then liquid 
democracy could work in a political setting - at least for advisory 
purposes.

I also note that vote-buying would make less sense in a corporation 
since voting power is given by wealth, in terms of numbers of shares 
held, in the first place. And then I wonder if there have been instances 
of vote coercion on shareholders.




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