Thursday, July 1, 2010

When you are on the board of a decent corporation, for example, if you have a direct financial interest in a matter under consideration you’re expected to “declare an interest” and absent yourself from the vote. But in a mature democracy, the most self-interested citizens are those most likely to vote. Currently, about 20 million people work for government. About 45 million receive Social Security benefits. About 34 million depend on food stamps.

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