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I'd say that by spending money on elections, both as donations and as taxes, we do buy a good: good governance (preferably) and peaceful transfer of power.

The problem is that the market is not efficient: only 2-3 offers, mostly from the same two brands, each brand with its own known serious problems. The process is actually an auction of sorts (first past the post), and returns are not accepted!

IMHO, the cost is the least of the problems here.

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USA should eliminate first-past-the-post voting, and replace it with something like ranked choice voting. Allows for more brands in the election, as people can preference minor parties and not 'throw away their vote' if they didnt get enough votes in total.

Should == I wish.

Why do you think the current power structure would encourage that?

I think most of us agree that this would be vastly better. Problem is how to get it done with the establishment in place.

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