Posner

I agree with Posner's assertion that his principle of wealth maximization provides the basis for all relevant political rights. However, I feel that the implications of this statement have varied signficance. As Posner states, "The wealth maximization principle accommodates, with elegant simplicity, the competing impulses of our moral nature." This can be very problematic, however. Because of the nature of the beast, the elite are inherently more advantaged both economically and politically. Thus the elite are better suited to transform and change political as well as economic liberties to better suit themselves. They can work the system such that they are undoubtedly better suited to profit and retain the majority of the power. I would argue that wealth maximization leads to situations where small businesses are ever increasingly being put out of business by larger corporations. Because of wealth maximization, the working class struggles to get ahead while the elite class simply retains and builds upon its power. The complications that arise from a legal or economic system in which people are unaware of what they really want or what political rights best serve their wants and needs only contribute to the disparity between the elite classes and everyone else. Because people are unsure of what they want, they are easily deceived into perpetuating a system that benefits the advantaged. Because people are unfamiliar with their rights and how to benefit from them, they will struggle both economically and politically. Those that are enlightened, however, will use the system to their benefit.