Quote:
Originally Posted by t_roy
As long as the principles of capitalism, property rights and individual liberty are respected then democracy will have a fantastic outcome. Allowing people to vote on laws pertaining to private property does not even slightly resemble communism as long as property rights are respected.
But a democratic system won't respect property rights, and that's the point. Because the very act of voting on what the State will do next is a violation of someone else's property rights. The State is the only entity that can legally expropriate whatever it wants. It can also conscript, imprison, enslave, torture or kill people as it deems in it's best interest, and it can do all of that legally because it is the only entity that can create laws, as well as interpret them, and it can exclude itself from the laws (i.e. if a private person steals, it is theft or robbery, but if the State does the same thing, it's "taxation"). In fact, everything the State does, whatever the system of government, is a violation of somebody's property rights. So voting to get it to do more will only increase those.
Democracy gives everyone an equal share in the State. As such, everyone will have an incentive to organize in political action groups where they vote themselves other people's property. However, because the cost is diluted amongst the whole population, nobody will have an incentive to organize such political action groups to oppose a single piece of legislation that transfers wealth from themselves onto others. And even if they do, the masses will always have an incentive to organize and vote themselves the property of the few individuals who are very successful.
This effect is generally known as the tragedy of the commons, and it applies especially to the State.
In the case of representative democracy, it's not the majority who rules, but a number of representatives of the majority, who after winning a popularity contest, become the temporary owners of the State. This popularity contest will again tend to be won by those who promise the masses the most free things. But this is actually not that relevant because they don't have to sign any contracts that bind them to abide by their campaign promises, so while they will keep their promises to a certain extent to mantain some sort of a decent reputation and good appearances (and to increase the chances that they will be re-elected), from the point that they're elected onwards, they are free to use the power of the State to maximize their own gain, irrespective of what promises were made to the voters. (which can be seen as a good or a bad thing, I think overall it is a good thing, due to the fact that it limits the abovementioned effects of direct democratic rule; but of course it also evidences that the whole idea of representative democracy is ludicrous, even if all it's premises were valid, which they aren't).
The temporary owners of the State will always have a tendency to make the most out of the short time that they're in office, using as much of the power of the State as they can get their hands on, to transfer wealth from the general population onto themselves, their family, and their friends. (as well as campaign contributors and bribers). This is because they know that they will only hold the reins of power for a short period of time, and then somebody else will hold them. But because they usually can't just take the property of others directly, they will have to do it indirectly, through legislation or expenditures that benefit some at the expense of everybody else, and taking whatever small cut they can out of that. As such they will only be able to acquire a tiny amount of all the resources they steal; and they will only be able to gain a relatively small amount of revenue from their monopolistic legislation, as opposed to all the production they will be hampering in the process.
If you look at the history of democratic governments, this is exactly what you see. Democracy is a path to the total State, total war, capital consumption, reduced productivity, increased taxation and other acts of expropriation by the State, increased crime, and chaos in general.
In contrast, permanent owners of the State will have an incentive to maximize the value that they can extract from the population over the long term (for themselves, and their heirs after their death, and all of their family lineage for the foreseeable future), therefore they will tend to value economic growth and generally stay out of the way of productive endeavors, and instead be content with extracting a minimal tax that doesn't interfere with the process of capital accumulation too much. And because they can simply keep the taxes for themselves, there is no need to engage in indirect measures that waste most of the loot or that end up severely disrupting production or otherwise causing tremendous destruction of property and life.
Permanent owners will also be made personally responsible if something goes wrong in the economy at large, or if taxes are too high, or if they otherwise abuse their power too much; whereas temporary owners can simply expect that the blame will lay on somebody else; and that, at worst, they will be removed from power sooner than expected and replaced by some other ruler. When a permanent owner is removed from power however, the way this is typically done is by assassinating them before someone else can come take their place.
Last edited by soon2bepro; 06-25-2012 at 04:38 AM.