The Jim Rutt Show
@jimruttshow·4.4K subscribers·597 videos
How Do Political Parties Get Away With Keeping Their Customers Unhappy? #politics #business
Posted
January 26, 2024
Views
69
Likes
1
Engagement
1.45%
January 26, 2024
69
1
1.45%
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0:54Now PlayingClick here for the full episode and show notes!
Jim talks with Katherine Gehl about her and Michael Porter's book, The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy. They discuss Jim's past familiarity with Michael Porter's work, Porter's five forces, the "what the hell is water" phenomenon, the Schoolhouse Rock problem, political industry theory, political payback for unhelpful activities, why political competitors are doing better as "customers" become more dissatisfied, the current American party system as a protected duopoly, nonprofit investments in things that have no chance, non-constitutional problems, the reversible accident of plurality voting, whether more parties are essential, how Ross Perot's 1992 election pressured the two parties to balance the budget, reforming the primary system, final-five voting, Alaska's experiment in final-four voting, instant runoffs, freeing players to make good strategic choices, lowering the barrier to entry for new thinking, and much more.
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