Again, an essential political thinker: Joseph Schumpeter in 1942 believed that democracy "is an institutional arrangement for arriving at political decisions in which individuals acquire the power to decide by means of a competitive struggle for the people's vote- (capitalism, Socialism and democracy p269). ... When one thinks of an autocratic government now, it is hard not to associate it with the human costs of despotic rule rival to those of disease, famine and war, also immediately associating the thought with such leaders such as Stalin and Hitler who were responsible for the deaths...

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• Grade Level: Undergraduate