The costly voting structure for US funds needs an overhaul
The current outdated system was designed for a very different era
The current outdated system was designed for a very different era

New insights into motivation and strength of feeling could help democracy work better

Our electoral system will force consolidation within the left and right blocs

Power flows less from size or wealth than from the ability to convert imbalance into leverage

But it relies on a host of rosy assumptions going in investors’ favour

Our first-past-the-post electoral system cannot handle the new era of multi-party politics

We are living in a ‘barbell’ world where international threat meets technological opportunity