It is a natural law of usury, which is what you describe. This is why we used to ban usury as unjust.
It is a natural law of usury, which is what you describe. This is why we used to ban usury as unjust.
Would you want a democratically elected airplane pilot with no training?
[1] https://www.ksby.com/news/national/new-law-looks-to-attract-...
The kind of sentiment you are expressing is directly antithetical to having any kind of real democracy.
If you've ever met the people in power, many of them are quite dumb. It's easy to listen to experts (or not) and give commands. How often do you hear that executives don't know what's happening in their companies but the people on the line know exactly what to do but were not consulted seriously?
To answer your question about airline pilots, I would probably accept (and in fact do, the FAA) a system designed by what is allegedly a democracy. Usually people don't have direct popular elections for technical positions, but design rules in consultation with people familiar with the field. If the voters were in fact other airline personnel, a direct election could be viable though I would require some qualifying criteria (e.g. people with XXXX hours of flight time).
Get your name on some newfangled venture and keep Uncle Sam's hands out of your pocket, but you don't get to rent your money.