Self-Paralysis of Democracy

Jörg Guido Hülsmann
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Jörg Guido Hülsmann: GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement

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Abstract: Abstract The present paper deals with the question whether democratic systems have an inherent tendency towards self-paralysis, which eventually can only be solved through radical reforms and, in fine, violent upheavals. The paper builds on the theory of democracy formulated by Ludwig von Mises in the 1920s. Mises argues that the very purpose of democracy is to facilitate peaceful transitions of power. Its social function is to reduce the necessity for radical reforms and, especially, for violent upheavals of the population against political leaders and even against the entire system of government.

Keywords: democracy; Ludwig von Mises; capital theory; roundabout production; political production; interventionism (search for similar items in EconPapers)
Date: 2025-05-26
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Published in Journal des économistes et des études humaines, 2025, 30 (1), pp.9-21. ⟨10.1515/jeeh-2024-0024⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05140500

DOI: 10.1515/jeeh-2024-0024

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