The concept of one man, one vote is a slogan used by advocates of political equality through various electoral reforms. This concept has wide acceptance in developed and many developing countries.
The addition of “one time” to the slogan stems from situations where elections were held successfully with a minimum of corruption and violence, but then a strongman took hold and free voting ended.
This should be a matter of general concern, but is particularly important to investors as government policies are a material factor in the outlook for economic progress.
All comments and or suggestions are welcome.
Walter J. Kirchberger, CFA