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Books > Social sciences > Sociology, social studies > Social issues
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Democracy - The God That Failed - The Economics and Politics of Monarchy, Democracy and Natural Order (Hardcover)
Loot Price: R4,433
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Democracy - The God That Failed - The Economics and Politics of Monarchy, Democracy and Natural Order (Hardcover)
Series: Perspectives on Democratic Practice
Expected to ship within 12 - 17 working days
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The core of this book is a systematic treatment of the historic
transformation of the West from monarchy to democracy. Revisionist
in nature, it reaches the conclusion that monarchy is a lesser evil
than democracy, but outlines deficiencies in both. Its methodology
is axiomatic-deductive, allowing the writer to derive economic and
sociological theorems, and then apply them to interpret historical
events. A compelling chapter on time preference describes the
progress of civilization as lowering time preferences as capital
structure is built, and explains how the interaction between people
can lower time all around, with interesting parallels to the
Ricardian Law of Association. By focusing on this transformation,
the author is able to interpret many historical phenomena, such as
rising levels of crime, degeneration of standards of conduct and
morality, and the growth of the mega-state. In underscoring the
deficiencies of both monarchy and democracy, the author
demonstrates how these systems are both inferior to a natural order
based on private-property. Hoppe deconstructs the classical liberal
belief in the possibility of limited government and calls for an
alignment of conservatism and libertarianism as natural allies with
common goals. He defends the proper role of the production of
defense as undertaken by insurance companies on a free market, and
describes the emergence of private law among competing insurers.
Having established a natural order as superior on utilitarian
grounds, the author goes on to assess the prospects for achieving a
natural order. Informed by his analysis of the deficiencies of
social democracy, and armed with the social theory of legitimation,
he forsees secession as the likely future of the US and Europe,
resulting in a multitude of region and city-states. This book
complements the author's previous work defending the ethics of
private property and natural order. Democracy - The God that Failed
will be of interest to scholars and students of history, political
economy, and political philosophy.
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