Why capitalists are coming out against democracy - “Does classical liberalism imply democracy?”

https://www.ellerman.org/wp-content/uploads/2015/12/Reprint-EGP-Classical-Liberalism-Democracy.pdf

“There is a fault line running through … liberalism as to whether or not democratic self- governance is a necessary part of a liberal social order. The democratic and non-democratic strains of classical liberalism are both present today. Many … libertarians … represent the non-democratic strain in their promotion of non-democratic sovereign city-states.”

@sneerclub

  • @swlabr
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    82 months ago

    Thanks, I have now skimmed the paper. It reads like someone trying to convert a libertarian to communism via facts and logic, which is good, though that would specifically target libertarians with strong academic foundations to their thinking. I doubt enough capitalists/libertarians are willing to reach that conclusion, even if a path is laid out in detail as it is in the paper. Why tear down a perfectly good (at least in the near term) power structure that benefits them in the name of facts and logic, when they could just continue to benefit?

    All that aside, I gotta admit I was initially a little skeptical of the paper’s direct relevance to sneerclub. It’s worth mentioning that this paper talks a lot about perverse libertarian case studies like charter cities and voluntary slavery, which are definitely in our sneer purview. Thanks for sharing!