Ethical Considerations
The Limits of Public Choice: A Sociological Critique of the Economic Theory notes that vote trading is often considered immoral, since votes should be determined on the basis of the merits of the question. It is viewed as being less serious an offense than bribery, although in some countries it is still unlawful. However, vote-trading can also be viewed as beneficial to democracy in that it makes it possible for minorities to exert some influence and thus alleviate the tyranny of the majority. In this way, vote-trading is similar to coalition-building, which also involves an exchange of policies and bargaining over cabinet positions in order to gain the parliamentary majority needed for approval of the entire program.
There have been academic proposals to streamline the legislative vote trading process by creating a market brokered by party leaders in which members buy and sell votes at prices set by supply and demand.
Read more about this topic: Vote Trading
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