From the same intellectual honesty that "Democratic People's Republic of Korea" comes from.
"Never believe that anti-Semites are completely unaware of the absurdity of their replies. They know that their remarks are frivolous, open to challenge. But they are amusing themselves, for it is their adversary who is obliged to use words responsibly, since he believes in words."
— Jean-Paul Sartre
Unless they gain more support from endorsing RCV than they would lose to third parties. They're slowly bending to long term third party pressure.
What follows is incorrect
It's a price floor, which creates a deadweight loss.
Since we're also consumers, it's a net loss.
I've always used it as an example of when oversimplified chalkboard economics don't match experimental reality.
@explodicle
@sh.itjust.works