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Indirect Vote: Difference between revisions

2 bytes added ,  7 October 2003
no real distinction between proxy market and indirect vote
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(no real distinction between proxy market and indirect vote)
 
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'''Indirect Votes are cast in [[The Consumerium Exchange]]'''
'''Indirect Votes are cast in [[The Consumerium Exchange]]'''


This vote cannot be used directly, but can be assigned to an '''registered''' not-for-profit organisation, including potentially a political party, that uses the voting power as decided by the governance of the organisation, thus rendering the identity of the vote holder anonymous.  The right to assign such votes creates what is called a [[proxy market]], as many organisations can compete to be trusted with it - see [[social capital]].
This vote cannot be used directly, but can be assigned to an '''registered''' not-for-profit organisation, including potentially a political party, that uses the voting power as decided by the governance of the organisation, thus rendering the identity of the vote holder anonymous.  The right to assign such votes creates what is called a '''proxy market''', as many organisations can compete to be trusted with it - see [[social capital]].


For verification purposes it might be a reasonable requirement that you must be a member of, or a donor to, the organisation that you give your voting power to. You may give your vote to only one organisation at a time. You may transfer it to an another organisation or just revoke it. The Burden of proof on the right to use a vote is mostly on the organisation in question.
For verification purposes it might be a reasonable requirement that you must be a member of, or a donor to, the organisation that you give your voting power to. You may give your vote to only one organisation at a time. You may transfer it to an another organisation or just revoke it. The Burden of proof on the right to use a vote is mostly on the organisation in question.
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