Sunday , November 24 2024
Home / Mike Norman Economics / Alain De Botton – Why Socrates Hated Democracy

Alain De Botton – Why Socrates Hated Democracy

Summary:
A difficult one this: Who judges what is a fair education for people so they can vote in an intelligent manner; but it's also true that the electorate on the whole have no idea what they are voting for? By voting Conservative in the U.K,  they are voting for austerity, cut backs to their welfare, for the party which is the front for the criminal City of London, for war, for their taxes wasted on the ruling elite's protection racket - it's war machine, etc. And New Labour wasn't much better.Through their propaganda the elite can get the public to vote for their party - whether New Labour or Conservative. Now they are trying to smear Jeremy Corbyn. [embedded content] We’re used to thinking hugely well of democracy. But interestingly, one of the wisest people who ever lived, Socrates, had

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

A difficult one this: Who judges what is a fair education for people so they can vote in an intelligent manner; but it's also true that the electorate on the whole have no idea what they are voting for? By voting Conservative in the U.K,  they are voting for austerity, cut backs to their welfare, for the party which is the front for the criminal City of London, for war, for their taxes wasted on the ruling elite's protection racket - it's war machine, etc. And New Labour wasn't much better.

Through their propaganda the elite can get the public to vote for their party - whether New Labour or Conservative. Now they are trying to smear Jeremy Corbyn.


We’re used to thinking hugely well of democracy. But interestingly, one of the wisest people who ever lived, Socrates, had deep suspicions of it.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *