Why? You have your Senate, which is essentially the same thing with a little democratic veneer slapped on overtop. An august body of effectively ‘appointed for life’ rich people that is deliberately distorted to value land more than individual people (which is why North Dakota has as many Senators as California).
Sure, occasionally a Senator loses an election, but the rich stay in power regardless. The primary purpose is to make sure that the rest of government, who might favour the unwashed rabble, doesn’t get out of hand and do anything about the rich and their power.
From what I can see it is working exactly as described on the box. (This is much more interesting than a discussion about that awful movie).
