Prospect theory shows that people are more afraid of losing what they have than gaining something new. This fear makes them stick to the current situation, even if a change could be better. People tend to be cautious about new ideas or candidates that could benefit them, but they are not critical enough of bad policies or politicians. Both rich and poor people tend to think similarly about certain issues because they compare them to what they already have. People get more excited about big changes in politics than small ones. Older societies prefer to keep things the same, while younger ones are more open to change. This fear of loss affects how people vote, making them prefer stricter voting rules to keep things as they are. Overall, this theory helps us understand why politics can be slow to change and why trends can take a long time to reverse.