Re: ECB and world-wide recession

[Bruce McFarling <ecbm@xxxxxxxxxxxxxxxxxxx>]

On Fri, 04 May 2001 15:22:45 -0400,
"Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx> wrote,

>The argument of expertise in a democracy ends at the staff level.
>Decisions making in a true democracy reflects the will of the
>people, with expert staff advice to prevent counter productiveness.

It troubles me to see a definition being used for systems of
governance that doesn't actually apply to any of the systems
currently in use, at least not in any country of substantial
size.

For this reason, I much prefer Schumpeter's definition of
democracy as the selection of the ruling elite by by
an (unrigged) vote of the majority of the governed  This is
at least a definition that a large number of countries
satisfy or come close to satisfying.

Virtually,

Bruce McFarling, Shortland, NSW
ecbm@xxxxxxxxxxxxxxxxxxx