This episode continues from the topic of the last one by discussing actual problems with democracy.
We answer the following questions:
What are the problems of democracy?
- It is not based on absolute, unchanging truth.
- Eligibility to vote is not certain.
- A simple majority is not really “the will of the people.” 51% can plunder the 49%.
- It encourages factions to develop.
- Defensive voting is a constant headache.
- Special interests can trick voters with confusing ballot initiatives.
- A nation is not homogeneous to unite “one people.” Factors of regional differences can cause certain interests to overpower other interests.
- Election campaigns become increasingly expensive.
- It tends toward socialism.
Where does democracy actually work?
In free market contexts.
Is there anything better than either democracy or centralized power?
How about a simple, small government that protects individual rights and punishes violations such as expressed in the last five of the ten commandments?