What Sort Of "Democracy" Do We Have If Everyone's Goal Is Maximizing Their Government Swag?
Zero Hedge -

Authored by Charles Hugh Smith via OfTwoMinds blog,

The "marketplace" of individuals and entities all seeking to maximize their share of the central-state swag doesn't make a democracy.

A democratic republic is a government in which power flows from citizens to their elected representatives. The American revolutionaries did not make a big distinction between republic and democracy, for in the context of the late 1700s, the dominant political structure was monarchy, and democracy meant the...

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