Sounds like a failure to align interests. In general, politicians should want to be elected by the public, rewarded for acting in the public interest, and punished for not doing so.

A system that does none of those things and just hopes it will all work out is a recipe for disaster. Why bother even having elections in that case?

Good question.

piketty.pse.ens.fr/files/GilensPage2014.pdf