The Trouble With Democracy
The Free Market 8, no. 5 (May 1990)
The sudden collapse of Communism in Eastern Europe has amazed and elated the West. But what does it mean? If Communism has lost, what has won?
The usual answer is “democracy.” And this is assumed to be not only obvious and unambiguous, but unquestionably good.
True, free elections are finally being held in what used to be tyrannical one-party oligarchies. So far, so good. But we are entitled to doubt that this is the end ofthe matter, let alone “the end of history.”