You know what the greatest advantage of a democracy is? No, it is not that it gives us the power to elect the right person to power. In my view, the coolest thing about democracy is that it enables us to chuck out the wrong person after five years.
Democracy is a civilised form of civil war. In a real civil war, the winner can kill the loser – literally, not figuratively. Once the winner emerges victorious, he is more or less obliged to commit a huge massacre to give people a warning that any further rebellion will not be tolerated. That buys him some time – usually more than the five years that democracy gives its rulers. But sooner or later someone will plot against him. If not against him, they will plot against his son who, though he is a weakling, has ascended the throne after his father.
Now, in a usual democracy, you don’t get to do that. You can, in theory, have a “democracy” where the winner gets to be an absolute ruler for five years, but it would never work. That’s obviously because the winner can still kill the loser and all potential rivals so that there is no one to challenge him five years later. His rivals will know this, so the election campaign will quickly turn into an actual civil war.
So democracy is meaningless without limited government, which in turn is meaningless without rule of law, and rule of law is meaningless without institutions. This post is about institutions, not about democracy.
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