The world's richest 62 people have as much wealth as half the rest

Absent preferential voting [1] or public election financing [2], voting for a known hopeless candidate is very close to abstaining in effect.

[1] AKA the “Australian ballot”, AKA instant runoff voting.

[2] Also present in the Australian system. You give your first preference to the party you truly support, because the next election’s public funding is based upon how many first-preference votes were received in the previous election. Then you vote from the bottom up, ranking the candidates in order of descending evil.

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