Abstract

ABSTRACTSchumpeter’s highly influential theory of democracy, developed in Capitalism, Socialism and Democracy, is less a market-based theory of party competition than it is a theory of strong leadership, modeled after generalship. As such, it is a weak foundation for rebuilding a democratic theory of party politics. Moreover, Schumpeter’s demolition of the “Classical Doctrine of Democracy” knocks down a straw-man theory: a hybrid of Bentham’s utilitarianism and Rousseau’s communitarianism that few contemporary theorists of democracy would be willing to defend.