5/06/2012

Failure of democracy

I believe that democracy can work even most of the citizens are stupid for the existence of law of great numbers. But as Byran Caplan argues, democracy will screw up when these is ubiquitous and systematical biases toward a thing or person. The most tragic example is people's hostility toward capitalism and hope for socialism. Now Sarkophobia once again shows the failure of democracy. I don't know whether this election would bring France to endless abyss, but I have to say democracy is not the will of majority.

http://online.wsj.com/article/SB10001424052702304743704577381673645798942.html?mod=WSJ_Opinion_LEFTTopBucket


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