"All this serves to show that in their hearts the people do not believe in democracy as it is understood today; they demand authority and leadership, and left to themselves they would not, if it were honest, think of questioning it. It is exploitation to which they object and rightly object, and they only challenge authority when it is too closely associated with exploitation. The people realize that under any system, democratic or otherwise, they must obey; and that democratic institutions do not mean government by the people any more than monarchy or aristocracy, but government by a caucus who exercise authority in the name of the people."

Read Along: https://www.nationalreformation.org/post/the-degeneration-of-socialism

Written by Arthur Penty

Narrated by Joshua Noyer

The American Review, December 1936, pp. 216-233