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Thursday 11 October 2012

Democracy and capitalism are quite compatible as long as voters have poor information. If you put the Internet in the mix and allow it to evolve, sooner or later voters will have better information and the republic will collapse. Scott Adams

27 notes

  1. wateringgoodseeds said: Clever but unconvincing. Without challenging his (dubious) assumption that everyone votes solely in selfish economic interest, in a relatively equal society, the poor should not be numerous enough to “destroy the republic”.
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