A Quote by Thomas Piketty
Democracy will never be supplanted by a republic of experts—and that is a very good thing.
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A nation can be one or the other, a democracy or an imperialist, but it can't be both. If it sticks to imperialism, it will, like the old Roman Republic, on which so much of our system was modeled, like the old Roman Republic, it will lose its democracy to a domestic dictatorship.
Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is to listen to the experts, what is the point of having democracy?
Democracy is never a thing done. Democracy is always something that a nation must be doing. What is necessary now is one thing and one thing only, that democracy become again democracy in action, not democracy accomplished and piled up in goods and gold.
Democracy is never a thing done. Democracy is always something that a nation must be doing. What is necessary now is one thing and one thing only that democracy become again democracy in action, not democracy accomplished and piled up in goods and gold.
Democracy is something America has never really practiced. Because the Founding Fathers hated two things: monarchy and democracy. They wanted a republic, a replica of the Roman or Venetian republics. They didn't even like the etymology of the word "democracy."
If I just produce the transparent ideal accepted by the Western experts, a process of privatization which will be very good but never happen, that means nothing.
Democracy is not a Beloved Republic really, and never will be. But it is less hateful than other contemporary forms of government, and to that extent deserves our support.
I'm a great aficionado of history. I was deeply affected by seeing the disintegration of any chance of democracy coping with fascism in the Weimar republic, where woolly-minded, well-meaning liberalism actually allowed the forces of darkness to use democracy, to exploit democracy, to overturn democracy.
That's the issue that I've been exploring: How did the Republic turn into the Empire? That's paralleled with: How did Anakin turn into Darth Vader? How does a good person go bad, and how does a democracy become a dictatorship? It isn't that the Empire conquered the Republic, it's that the Empire is the Republic.
There are two kinds of experts: academic experts and practical experts. One is not better than the other, but they are very different, and each offers very different value.
A democracy when put to the strain grows weak, and is supplanted by Oligarchy.
[O]ur sages in the great [constitutional] convention... intended our government should be a republic which differs more widely from a democracy than a democracy from a despotism. The rigours of a despotism often... oppress only a few, but it is the very essence and nature of a democracy, for a faction claiming to oppress a minority, and that minority the chief owners of the property and truest lovers of their country.
It is not, perhaps, unreasonable to conclude, that a pure and perfect democracy is a thing not attainable by man, constituted as he is of contending elements of vice and virtue, and ever mainly influenced by the predominant principle of self-interest. It may, indeed, be confidently asserted, that there never was that government called a republic, which was not ultimately ruled by a single will, and, therefore, (however bold may seem the paradox,) virtually and substantially a monarchy.
Most of what we know we don't really know first hand. I've never seen a cancer cell. But I trust this community of experts who have, so I believe that cancer exists. But we trust these experts, and we trust that the experts have a system of checks and balances and self-correction. And we have to insist that experts have certain certifications. They're not perfect. Every once in awhile there's an engine falls off the wing of a plane, or a tax audit happens and you find out your expert made a mistake. But it's a pretty good system. It's the best system we've got.
There's a big difference in a representative republic and a democracy. We do not have a democracy in America.
America is not a democracy. I think if your kids understood that - and most people don't. We are a representative republic. We're not a direct democracy.
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