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- Jul 13, 2017
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We've grown up believing that democracy is the best form of government. We've been told that the progress of western economies is because of democracy. But I think we've been misled.
Democracy has worked in the past because a group of elite intellectuals and businessmen controlled our democracy. You couldn't run for office without their support. People voted, but their choices were limited by elites.
There are a lot of negative aspects to a group of elites filtering our candidates. These candidates will tend to work for the interests of the elites. But the alternative is people voting for idiots and charlatans. People voting for Socrates' Sweet Shop Owner.
Go anywhere in the third world and democracy is a disaster. In Russia, the people have given up on it after voting for a fraud and drunk in Boris Yeltsin. They prefer a dictator like Putin to the chaos they had before. In Britain, they let people vote on Brexit. Look how that turned out.
Obama was elected in 2008. That was just the beginning of the smartphone social media era. People don't need the elites to advertise and promote their ideas anymore. There is social media. The world is different now. What worked in the past won't necessarily work in the future.
Why Democracy Doesn’t Deliver
Democracy has worked in the past because a group of elite intellectuals and businessmen controlled our democracy. You couldn't run for office without their support. People voted, but their choices were limited by elites.
There are a lot of negative aspects to a group of elites filtering our candidates. These candidates will tend to work for the interests of the elites. But the alternative is people voting for idiots and charlatans. People voting for Socrates' Sweet Shop Owner.
Go anywhere in the third world and democracy is a disaster. In Russia, the people have given up on it after voting for a fraud and drunk in Boris Yeltsin. They prefer a dictator like Putin to the chaos they had before. In Britain, they let people vote on Brexit. Look how that turned out.
Obama was elected in 2008. That was just the beginning of the smartphone social media era. People don't need the elites to advertise and promote their ideas anymore. There is social media. The world is different now. What worked in the past won't necessarily work in the future.
Why Democracy Doesn’t Deliver
Only 19 percent of Americans today say they can trust their government to do what is right. Meanwhile, citizens in developing countries see authoritarian leaders as more trustworthy than democratic politicians. Increasingly, it seems that people across the globe are skeptical of the ability of democratic governments to act effectively — including as good custodians of the economy. Indeed, the liberal democratic system is unwittingly undermining the economic growth that is necessary for its continued survival.