Democracy is robbing us of our freedoms

Democracy doesn't protect our freedoms, claim Tom Miers and Craig Smith – it is steadily undermining them, as governments seek to win power by bribing voters with their own money. As a result, the West could be headed for a long, slow decline, says Merryn Somerset Webb.

With the state of our public sector and the expectations we have of our public sector in mind, I am reading Democracy and the Fall of the West by Tom Miers and Craig Smith.

It is short, simple, and offers a theory that to non-Daily Reckoning readers at least, will come as quite shocking. According to Miers and Craig, the idea that democracy somehow solves the great puzzle of mankind how to make sure that our rulers have a legimate mandate and work for the interests of the community has turned out to be nonsense.

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Merryn Somerset Webb
Former editor in chief, MoneyWeek