October 13th, 2018 5:27 PM
As far as I know universal suffrage has been the subject of criticism throughout all of history, and the evidence of the 20th century that it provides little but the slow road to authoritarian redistributionism. The only reason that it’s been possible in the 20th century is the luxury of the returns on the debt possible under fiat money capitalism, at the cost of continuous dygenia (reduction of and now the reversal of, intergenerational human capital).
There is a vast difference between those of us who understand both micro, macro, political, and human capital economics, and grasp that political systems are simply those we can afford in the moment, and nothing more. And that the only way to preserve the liberty created by western civilization is to continue the eugenic program of the ancient and medieval manorialists: meritocratic tripartism (slave-serf-freman-citizen-nobleman meritocracy) or the british invention of adding houses for each of the classes as they contribute to responsibility for management of the economy: Monarch, Landed Nobility (Regions), Commons (small business owners), and Church (proxy for the working classes). The mistake they made was not adding a new house for the working classes, and another for women upon their enfranchisement. This would let us continue the historical market for commons between the classes, rather than under liberalism(classical liberalism in the english speaking world).
The result instead was underclass rule, and the use of propaganda and media to (lie to) use ideological hyperbole to obtain power by non-market means.
Majoritarian democracy is and can only be, a monopoly. We had the nearly perfect government. Rule of law resulting in markets for commons, as well as markets for goods, services and information. However, the middle class seizure of power from the landed aristocracy, and the inclusion of the underclass as a means of opposing the rise of marxism-communism, merely kicked the political can down the road.
And we are all standing around looking at that can wondering where to kick it next.
The Propertarian Institute