So, what are the alternatives? Hans-Hermann Hoppe, in his book Democracy: The God That Failed, suggests a true heresy: replace democracy with a monarchy. What?!? A monarchy is the antithesis of freedom! Right? Well, maybe not. Isn’t it just possible that a monarch would protect his possessions better than the term-limited president or mayor? And, in doing so, wouldn’t the monarch also protect the ability of his subjects to produce efficiently and, hence, live freely?
The monarch who acts with good judgment will have something to pass to his heirs while the term-limited president or mayor has to steal what he can, while he still holds power – the constituents and next administration be damned.
Hat tip Wilson Revolution Unplugged.