Back before the election I was a bit worried that the Conservatives and Internet/Mana were harbingers of a worrying new trend in politics – the overt interference of the super-rich in our democracy, as they realised that buying influence through donations and lobbying were less effective than just establishing their own parties.
It hasn’t played out like that. Both parties are now effectively dead for similar (underlying) reasons. The founders of both parties were also the primary funders and that meant they they got to do pretty much whatever they wanted – just like they did with their private businesses – because they were paying for everything.
In a business it doesn’t matter much if the CEO is a jerk. Selfish, grand-standing malevolent behaviour is routine, but no one outside the company cares. There’s minimal public interest in the private lives or conduct of business leaders. And in a political party if a leader misbehaves then there is public interest, but you can dump them and get a new leader. In a founder-funded political party there is (a) intense public interest, as Internet/Mana found out with Kim Dotcom’s ‘fuck John Key’ rallies and tendency to make provocative public statements then refuse to answer media queries, and (b) no party without the founder-funder, as the Conservatives are about to discover.