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I'm all for broadening the scope of our electoral choices. I loved it when Perot was able to run and get some significant votes. But realistically, I see no real potential for a thrid party, whatever their mantra, under our current political system. Any new party would be built on the ruins of an existing one, not a third distinct option.
Fundamental changes in how we choose our representation would have to happen to allow greater breadth of choice. Instant runoff voting is one of the most simple procedural methods to do this, but is only one of the things you would have to do to truly allow multiple choices and put any pressure on the existing duality.
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