Aristotle and James Madison seemed to think so along with their contemporaries. Their solutions to the problems with democracy were different though.
Discussion
Correlating money to votes seems inherently flawed—leading to a system in which the rich control the outcome. This is the system we have today
The rich do control the outcome today, and have consistently throughout history. Democracy leads to the majority overtaking the wealth accumulations of those capable of wealth production. I think the problem with our current governmental circumstance is the lack of incentive for the wealthy to be good stewards for the masses. There is no recourse for the impoverished, there is no guillotine to behead the corporate hydras that rule every country on earth today. Humans have always needed royalty for leadership, but that leadership served the people sufficiently or they were deposed violently. Aristotle advocated for a welfare state, Madison advocated for a republic represented by wealthy land owners, let’s just acknowledge that not everyone is capable of gathering or properly managing wealth and power. Our leadership should come from those who have proven the ability to do those things personally, not those who pander and provide accommodations to our global corporate industrial overlords. #RFK
Well said. Yes the wealthy have more of an incentive to cozy up to the money printer, capture agencies and deceive the masses than to do the most good for most people. It creates an extractive dynamic that is doomed to fail.
Yes, we need a leader like RFKj to go in and clean house and more closely align incentives.