Posted by
Chee Heong QUAH on Wednesday, September 30, 2009 1:47:45 AM
I have long contemplated that democracy and capitalism are incompatible.
This is the logic: In a democratic society, the majority or the society dominates the minority if all people come out to vote, known as the tyranny of the majority. This is in fact one facet of communism in which community matters, individual does not.
So what's the better choice? Republic and capitalism work best. Yes, in a pure republic government has no hands in the economic activities at all. I would suggest using A.I. and computers to run the budget and daily chores of governing the public goods and services.
Here the program could be modeled based on a reasonable consensus amongst economists and intellectuals.
Kindly comment.