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1. pedro_deleon says:

   May 2, 2026 - 8:58 am at 8:58 am

   Anthony Deden via DBC

   https://forumgeopolitica.com/article/democracy-and-the-consumption-of-its-foundations

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2. pedro_deleon says:

   May 2, 2026 - 9:17 am at 9:17 am

   Hülsmann concludes that democracy preserves peace only while living off earlier accumulations, and that once the political capital structure matures, peaceful change becomes increasingly improbable. In such a system, crises risk being resolved not by ballots, but by convulsions.

   Unlike systems in which rulers treat territory and institutions as assets to be preserved, democratic officials tend to treat them as sources of revenue to be drawn down. Whether or not one accepts Hoppe’s proposed alternatives, this diagnosis helps explain present conditions. Modern democratic states run chronic deficits in the name of stimulus, expand money in the name of necessity, grow bureaucracies in the name of complexity, and destabilize law in the name of progress. Each justification conceals a transfer from the future to the present.

   Somary foresaw this outcome without formalizing it. He warned that democracy, once freed from constitutional and monetary discipline, would hollow itself out.

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3. pedro_deleon says:

   May 2, 2026 - 9:29 am at 9:29 am

   The thinkers examined in this essay—Hayek, Somary, Röpke, Hoppe, and Hülsmann—did not share a single ideology or political program. What unites them is a common realism about human incentives, institutional fragility, and the nature of freedom. Each, in different ways, has rejected the comforting belief that either markets or democratic politics are self-stabilizing.

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