The title of chapter 4 is “Can democracy survive?”.
Quote:
One disconcerting reflection that must have occurred to many observers who, while convinced of the superiority of democracy as a theoretically desirable form of government, are doubtful as to its chances of survival in the present age…
Is the author using democracy in a way other than “mob rule”, or is he truly advocating democracy as typically defined? Is this book still credible, or worth reading, in light of this?
I think democracy will survive depending on how much power the people have. “Government of the poeple, for the people, by the people”. In Latin American countries poeple have no power and there are huge differences in classes. That’s why there is a lot of instability and a strong tendency towards socialism.
Democracy’s survival wasn’t my question, but thank you for your answer. I’ll try again:
If we define democracy as the ability for the majority to trample on the minority or individual, and further decree democracy to be undesirable, and liberty desirable, then is it worth reading the rest of the book? Also, is the book no longer in line with Austrian theory?