Curtis Yarvin, Aaron Bastani, and Hélène Landemore debate which of democracy, oligarchy, and monarchy will make the best political system.
Is democracy just a brief blip in the long history of autocratic rule?
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The leaders of liberal democracies have assumed that democracy is not only the best political system but that it delivers the strongest economies. Biden's Treasury Secretary, Janet Yellen, recently claimed democracy delivers a '20% higher GDP per capita.’ But critics argue this is illusory. China’s state-led authoritarian capitalism has radically outpaced the West. Thirty years ago the UK's economy was five times that of China, today China's economy is five times the UK's. Meanwhile Singapore’s model of illiberal capitalism, despite being resource poor, has surpassed many European nations GDP per capita by a substantial margin. While Russia's economy far from being strangled by Western sanctions has grown in the past few years.
Will the most successful economies of the future not be democratic but be autocratically run? Are democracies undermined by their need to avoid policies that deliver short term pain even if they have the potential for lasting benefit? Or will authoritarian economic success in due course be overturned by political breakdown and dissent?
#politics #democracy #dictatorship #monarchy
Curtis Yarvin, described as "The Philosopher Behind J.D. Vance," argues that democracy is a failed experiment and should be replaced by monarchy. Aaron Bastani is the co-founder of Novara Media, described by the Guardian as 'the slickest of the guerrilla news and opinion operations that have sprung up in Britain’. Hélène Landemore is a political philosopher and professor at Yale University, and is also a Distinguished Research Fellow at Oxford’s Institute for Ethics in AI.
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00:00 Democracy vs Monarchy
00:48 Curtis Yarvin on the inescapable history of totalitarian rule
04:19 Aaron Bastani: liberal democracies lead to human flourishing
08:22 Hélène Landemore on the slow mutation from democracy to oligarchy
12:18 The troubling success of China's autocratic system
14:44 Chairman Mao, economic booms, and the horrors of China's one child policy
17:25 How do we create the foundations for future societies?
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