Saving Democracy From Suicide: How government by the people leads to bankruptcy and dictatorship.
Book Details
Author(s)Robert H Lee
ISBN / ASIN1475184352
ISBN-139781475184358
AvailabilityUsually ships in 3 days
Sales Rank2,798,931
MarketplaceUnited States 🇺🇸
Description
America is at a crossroads. Debt is dragging the country down, and politicians are not solving the problem. It is not a coincidence that the United States and Europe are suffering from huge debts, high unemployment, and several cases of bankruptcy looming on the horizon. The root cause of this is the one-man-one-vote system where to get elected, politicians must often promise popular but wrong economic policies. The income distribution is skewed, meaning that there are more people with below average income than above average income. The result is that politicians promise to redistribute income from the fewer people with above average income to the greater number of people with below average income. This, more than anything, is how all democracies end up with welfare states. Taxes need to be raised to match expenditures. But taxes are still insufficient to keep up with politicians promises. This shortfall is thus made up with government borrowing, a system that eventually leads to bankruptcy. This is the nature of the financial and economic problems now affecting the developed democracies across the Western world. They are systemic in nature and a reform of the vote system is necessary in order to save it. The author has come up with proposals for reform without sacrificing democracy or freedom. Combining statistical analysis with pinpoint political acumen, Robert H. Lee s treatise is also a clarion call for free markets with minimal government intervention. Debunking the welfare state and socialism, he not only uses recent data and events but draws upon the wisdom of the founding fathers as well to justify some of his key ideas and concepts. A fascinating fusion of politics, economics, and history that drills down to the core of what ails America today, Saving Democracy from Suicide: How Government by the People Leads to Bankruptcy and Dictatorship is a must-read for anyone interested in righting what many fear is a slowly sinking ship.
