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What's the different between alternative vote and ranked choice voting, or are they the same thing?

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Same.

Fraud susceptibility aside (which applies to single vote as well), I used to think this was a good process to reduce 2 party lock in. However it seem to go off the rails in Alaska... not sure now. I wonder if there is a way to correct those drawbacks we saw there.

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That's a bit misleading. Because in practice you don't have to pass your vote to others. While it's commonly presented if you have five people you rank all five. But in practice, you can vote for three. Meaning your vote drops if your first three picks don't make it. It doesn't carry over to four and five, if that's how you voted.

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The problem with that is arbitrary. In practice you don't have to vote for everyone. In a fair election you are not required to vote for someone you don't support. The cartoon requires you cast a vote for someone you don't wish to vote for. When properly implemented your vote simply drops if you didn't vote for them.

The issue isn't alternative voting, which is vastly superior to first past the post, but the implementation details put in place in efforts to undermine it. At the end of the day, first past the post REQUIRES a two party system. It's funny how many here are claiming the system which defeats a two party system is bad. Which is really their way of declaring their support for a corrupt, two party system.

Honk. Honk.

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Anyone who saw how Trump 16 turned out gets how we aren't going to get to this point as long as the democratic party exists in its current state. Bernie voters essentially marked Trump as their second choice, and then from inside his own party and the Dems as a whole, he basically couldn't get shit done.