Schumpeter, Galbraith, T.H. Marshall, Titmuss and Adam Smith
Chapter 4: Schumpeter: The Preconditions for Politics
Schumpeter’s democracy is an institutional arrangement within which the people influence the issues through the decision makers that they elect. The procedure is most likely to be a success where four social conditions can be met. First, there must be an adequate number of adequate politicians. Second, the agenda must be in line with the capacity of the State to deliver. Third, there must be dependable back-up from a skilled and self-policing bureaucracy. Fourth, the charter must be such that the leaders are bound by internalised obligation and the masses amenable to democratic self-control. Schumpeter’s four preconditions will be considered in the first four sections of this chapter. The fifth section shows that Schumpeter’s constitution of the mind was more powerful to him than the legislative correctives of less sociological economists. The sixth section invokes the magisterial name of Max Weber. Convinced like Schumpeter that democracy is a method, Weber like Schumpeter made much of the moral precommitment that keeps the selfinterest-seeking within manageable limits. Schumpeter preferred the economic interpretation of democracy to the classical model of Aristotle and Rousseau. Even so, he, like Weber, saw that the exchange in the second approach was crucially dependent upon the value consensus of the first. Schumpeter did not have two theories of democracy at all. What he did have was an economic theory that was buttressed on all sides by the ethical judgments of the group. 4.1 THE POLITICIAN The first condition is that politicians ‘of adequate ability and moral character must...
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