Critical Review 9 (3):301-324 (1995)
Joseph Schumpeter's work has been all too selectively appropriated by public choice theorists. Schumpeter criticized the high level of rationality the classical model of democracy imputes to citizens, and he provided an alternative theory, inspiring rational choice theory and allowing for diverse forms of irrationality. Following in Schumpeter's footsteps I will discuss four problems: the deficient rationality of voters, politicians as ?political entrepreneurs,? leadership in democracy and the rise of the ?political class,? and the affinity between democracy and capitalism
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References found in this work BETA
The Limits of Liberty: Between Anarchy and Leviathan.James M. Buchanan - 1975 - University of Chicago Press.
The Cultural Contradictions of Capitalism.Daniel Bell - 1976 - Journal of Aesthetics and Art Criticism 35 (2):229-231.
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