James: Let me take you on a different perspective on this issue.

From about 2003–2007, I was playing the stock market, mostly blue-chip stocks. I did well in those times. But every year, each of those companies sent me their annual report with a proxy card to vote for certain directors.

If I were a good shareholder, I would have studied those reports and got the bios of those directives. I would probably need about 4 hours to cast a somewhat wise vote. And I usually had 10 corporations. But I never did the study; I never cast a vote. Here’s why.

  1. I just don’t have the time and energy for the study.
  2. Most of the reports required a higher understanding of accounting than I currently have. I probably could make some sense of the numbers, but . . .
  3. The bios of the directors were all whitewashed: as if these fellows (and few gals) never did anything wrong in business. I probably could do some internet research to find more negative stuff, and get some balance.

In a nutshell, any vote I could make (even if I had the time and energy to study), would be based on very incomplete information. If I cast a vote, I would be diluting the wiser votes. I want wise shareholders to vote to steer the company. So I, in essence, took away my right to vote in these corporate elections.

This may be a similar reason why some people don’t vote on a regular basis.

Rather than chastise them, why not find out why they don’t vote?

Dave Volek is the inventor of “Tiered Democratic Governance”. Let’s get rid of all political parties! Visit http://www.tiereddemocraticgovernance.org/tdg.php

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