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Comment by varispeed

9 hours ago

Corruption is rife in the West. Wealth managers wine and dine with governments and essentially order policies that nobody voted for that continue to be developed regardless of which party won the elections. Same faces meet with new cohorts of politicians and continue to get their way whilst security services supposed to protect democracy hide their heads in the sand.

See things like Digital ID, censorship, surveillance - nobody voted for this, but certain wealth managers want this to happen and so it takes priority over issues that actually people would want to be resolved (housing, healthcare to name a few).

I am in Germany. Apparently very democratic place. However nothing happens what people voted for. There is always few groups advertising affordable living in Munich. Never happened. Every year the rent climbs to new never seen high. The system very obviously does not work as advertised. The conspiracist in me however thinks, that the system works as intended.

  • That's not what you voted for. Homeowners, on the other hand, did vote for it. In most countries they're the majority, and they're better at mobilizing politically. Autocracies are probably less likely to have the same issue because the leaders are petrified of a revolt from the lower classes. In a democracy, the majority (homeowners) will vote away your money.

  • > There is always few groups advertising affordable living in Munich. Never happened. Every year the rent climbs to new never seen high.

    Well your population grows trough migration, your land does not and your construction doesn't match either in a long term inflationary environment with every incentive pointing in the continuation of that path.

    See also Canada, Ireland, UK, Netherlands, Australia, etc, etc