Elites are starting to worry that 'Democracy is getting out of hand.' It is said that the liberal-democratic order is under threat. But what is meant by democracy?
Gowans walks us through a revealing NYT article by columnist Max Fisher. In response to the common feeling that today's democratic systems are not very responsive, Fisher explains that they aren't supposed to be.
Liberal democracy has placed checks against the popular will - in the form of representatives and institutions (such as central banks) that do the deciding for ordinary people, who are not trusted to govern their own affairs. Liberal democracy therefore transforms a would-be democracy into a plutocracy.
Gowans subsequently turns this analysis towards Venezuela. What we are seeing is a naked power grab by Venezuela's small elite, working hand-in-hand with the United States. It is so blatant and transparent that it hardly requires analysis.
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Interview with Stephen Gowans
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