The Case for Authoritarianism | Vitalik Buterin & Noah Smith
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Democracies as Information Aggregators
- Democracies aggregate information about people's preferences through voting.
- The 'median voter theorem' suggests that the median preference becomes policy.
- This system allows people to choose between different policy options (e.g., high tax/high services vs. low tax/low services).
- While not perfect, democratic information aggregation is seen as better than totalitarian systems.
- Totalitarian leaders may implement unpopular policies due to lack of feedback, potentially leading to violent overthrows.
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