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Can you tell/ describe me what the phrase 'one dollar, one vote' means? But you have to use basic English or kid's English. :-)

I found the phrase in one economics book (Introduction to Economics by Stephen L. Slavin, page 4, 1989) and I do not know what it means. I am from eastern Europe.

Thanks for help.

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    $\begingroup$ I think your question belongs on Politics but I may be wrong. You can read about an interpretation of the phrase here $\endgroup$ – Giskard Mar 11 '17 at 12:03
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It appears to suggest applying the way shareholders vote in a company to the political setting of democracy: each citizen will have as many votes as his/her monetized wealth. So the rich will have officially "more say" in what gets decided or who gets elected in public office.

Certainly, the general consensus is that economic power does play a role in affecting political outcomes anyway. This approach would make that an official, institutional rule.

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