THE LOTTERY EFFECT HAS DEVOLVED AGRARIAN DEMOCRACY. One of the undesirable conse

THE LOTTERY EFFECT HAS DEVOLVED AGRARIAN DEMOCRACY.

One of the undesirable consequences of consumer capitalism, is that it dramatically increases the lottery effect – meaning that great wealth is not necessarily produced immorally (although in finance it can be), but that it is often produced without extraordinary merit: the disciplined accumulation of wealth by small amounts, rather than speculation and windfalls.

This results in a government whose members are not by any stretch, our best.

We are not even that careful with the judiciary. But it seems to me that our houses would be better staffed with members of the judiciary, and the presidency by the military, at one extreme, or people of property, randomly selected by lot, than the current democratic process by which well-off, well-meaning fools spend economies-worth-of-wealth getting elected and held in place by donors and special interests.