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political law terms

political law terms and definitions

political law termdefinition
1st law of politics without a means of sharing the marginal cost, the amount of the public good which will be provided will be suboptimal
corollary to the 1st law for groups to meet their needs there must be freedom to organize
2nd law of politics the larger the group, the further from optimal will be the amount of a public good which an unorganized group will supply itself
3rd law of politics the further from optimal the group is without organization, the greater is profit in organizing the group for supplying them with their 'common interests' or public goods
1st corollary to the 3rd law politics is more profitable in large groups
2nd corollary to the 3rd law political competition will be stiffer in large groups
4th law of politics in an unorganized group the individual who values the public good the most will do will do more than his share to get it
5th law of politics the expected value that one gets directly from helping out must be greater than the cost of helping P2 times U9(x)>D
6th law of politics in general, to raise resources to supply a public good, one needs to have incentives independent of the good itself
7th law of politics in general, citizens have a radically discounted interest in aquiring info about politcal affairs. Citizens wil in general remain rationally ignorant
corollary to the 7th law because of private interests, the wealthy are far more politcally informed than the poor. therefore, without mass organizations such as unions, class-based parties, the poor will generally not correctly identify their politcal interests
Created by: talibear
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