Conservative leaders often succeeded in rallying support for their program from native peoples and other marginalized members of society because liberal advocates of “progress,” much like Spain’s “enlightened” Bourbon reformers in the late 18th century, generally made clear their disdain for the supposedly backward aspects of popular culture. Daily Life in Colonial Latin America, Ann Jefferson and Paul Lokken, August 2011I think the authors are onto something here; something that applies as much to today's politics in western democracies as those of 200 years ago in the newly independent countries of Latin America. In the absence of a policymaking system that engages ordinary people, we react emotionally to the candidates and parties on offer. When we sense disdain from a political party, we vote for the other lot. The smugness of elites can be seen across the entire range of the spectrum, and our reaction to that combination of condescension and contempt explains much of contemporary politics.
We need a policymaking system that encourages us to further our understanding of the policy choices on offer - not the personalities, the sound-bites, the images or the rhetoric. We can do this by formulating those choices in terms of outcomes: outcomes that are meaningful to all of us; outcomes that we can understand and put into some order or priority.
Social Policy Bonds are one way in which we can specify such outcomes, and have people vote for those they support. A bond regime would be a way of bypassing the neuroses and insecurities of the people in power and those who manipulate them. By targeting outcomes with which people can identify Social Policy Bonds could bring about more public participation in the policymaking process. That is an end in itself (see here (pdf) for example), as well as a means by which decisions become acceptable even to those who opposed them. Importantly too, there's more consensus about outcomes than about the supposed means of achieving them. A bond regime would focus policy debate on our social and environmental goals, and which ones shall be prioritised. The process itself would generate more mutual understanding and less of the anger and contempt that are such a feature of today's policymaking
As well, a bond regime would encourage us to think long term: our goals are far more stable than the ways in which we think we can best achieve them. They are also more transparent as would be their funding. Corporations, their lobbyists and the people in power whom they influence all have an interest in obscuring how funds are allocated, and in failing to monitor whether policies succeed or fail (see Why States Believe Foolish Ideas: Non-Self Evaluation by States and Societies, by Stephen Van Evera (pdf)). With government, big business and now, increasingly, the judiciary determining our economic and social environment, what hope is there for the rest of us? The gap between ruler and ruled is becoming ever wider. Social Policy Bonds could help close it.
For general information about Social Policy Bonds see here. For more about Social Policy Bonds and buy-in see here.
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