Monday 5 November 2012

why we should stop political dynasty

Political dynasty means, a succession of rulers from the same family or line. It also means a family or group that maintains power for several generations. Members of political dynasties may have greater political power due to various observed and unobserved characteristics of the family such as wealth, talent, popularity or looks that correlate with political success and can be transmitted across generations. we can find evidence of a causal effect of entering politics on the probability of having relatives in office in the future. Using a regression discontinuity design based on close elections we can see that individuals who win their first race by a small margin and have access to office are four times more likely to have relatives in office in the future, than individuals who run but lose by a narrow margin and never serve. This suggests that the political system is an important source of dynastic persistence and concentrates disproportionate political power in a few families..

Why we should stop the dynastic type of politics in our country?

 Political dynasties can "undermine" the quality of democracy and "economic development" of our country in the long growth. Scholars agreed that the dynastic nature of Philippine politics has lead to a personalised style of politics that undermines the creation of a strong state and the adoption of country wide policies. As a consequence, the reform of important economic institutions is often blocked by members of dynasties who benefit from the status-quo. This has also prevented the emergence and consolidation of political parties that address the demands of broader constituencies. Others claim that the resiliency of dynasties is associated with rent-seeking and the allocation of state resources to further private interests. The concentration of political power in a small set of families also increases the risk of political capture and the adoption of policies and institutions that benefit a very narrow set of interests. Finally, mean reversion in talent over time, makes it unlikely that a society that draws its leaders from a narrow pool of families will choose the individuals best fitted for public office. We should practice the "one politician in a family " system... please help to "STOP POLITICAL DYNASTY".... vote wisely.