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CannibalSmith comments on How Much Should We Care What the Founding Fathers Thought About Anything? - Less Wrong
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I don't. Karma is a proxy for whether the community wants to hear from you. You can predictably go against that - I sometimes do - but there should generally be a strong reason behind it. Karma is a proxy sign for whether you're being helpful, not an accumulated resource that can be burned.
You can encourage or enforce your perspective with:
* Display karma next to user names everywhere so it's easily visible and can actually serve as a measure of deference.
* Make downvotes count double, triple, or more.
There's a delicate balance to be struck though: people game the karma system enough as it is. No karma system is ungameable, and greater resistance to gaming means more coding effort.
I think we still got ways to go before we run into diminishing returns.