By Michael Anissimov
This advisor explores the arguments opposed to democracy. Democracy is usually seen as a compulsory process for any civilized nation, yet there's a compelling case, drawing on economics, political conception, and cognitive psychology, that says differently.
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Additional resources for A Critique of Democracy: A Guide for Neoreactionaries
The business of legislatively-enacted redistribution of income proceeds as follows, according to Hoppe. There are three primary forms of redistribution: 1) simple transfer payments, from the “haves” to the “have-nots”, 2) “free” or below-cost provision of goods and services by the government, 3) business or consumer regulations, which differentially increase the wealth of one privileged business group at the expense of another, competing group. Through these three mechanisms, the government has a deep influence on the economy and the incentives that make up the web of our everyday society.
Hoppe finds it curious that while time preference is widely recognized by economists, in particular those of the Austrian School, sociologists and political scientists have paid it little attention. This is perhaps due to the controversial nature of ascribing socioeconomic differences to heritable behaviors, though there is undoubtedly a connection. In Hoppe's view, there is a constant tension between government, which has a tendency to grow and enrich itself at the expense of the population, thereby increasing their overall time preference, and the civilizing forces (the opposition of the public to taxation and exploitation) which limit the extent of government interventions into the economy and thereby preserves low time preference.
New wealth derives from being able to get the government to give you money, in some way or another, rather than from economic growth. The portion of the economy that is dominated by government spending is essentially a planned economy, and it is captured by large voting blocs voting in favor of redistribution policies that personally benefit them or officially aggrieved groups. Ritual warfare over both economic and values issues between competing political factions only reinforces entrenchment, leading to the polarization we see today.