> It helps that a tumultuous couple of years in the world’s democracies have made the Chinese political elite feel increasingly justified in shutting out voters. Developments such as Donald Trump’s election, Brexit, the rise of far-right parties across Europe, and Rodrigo Duterte’s reign of terror in the Philippines underscore what many critics see as the problems inherent in democracy, especially populism, instabili…
> what people want If they gave the people what they wanted then everybody (and nobody?) would be elites, right? Or maybe the majority of people just want those 10% to be rich. And since Brexit was brought up, can you think of any huge promise that was made in order to get the vote but won't be kept? Must be that what people really want is to be lied to. [1] Today's democracy functions as a 2 step process: the campai…
I think the majority of people are actually comfortable with the existence of even extreme (billionaire-scale) inequality. Although people want to feel that the inequality is just -- based on wealth-creation, rather than rent-seeking.