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Why don't Leftist just create their own political party?
(lemmy.world)
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Both sides of the spectrum have probably thought about it. But if a party splits they don't have the numbers so they don't risk it.
So an example election result is no longer 50/50 where there's a decent chance to win. Split those voters with two parties. At worst it would be 50/25/25. Your opponent wins all the time. So they wait for the other side to break apart first.