Democracies elect idiots "who wreck it all" all the time. That is not the problem with monarchies. The problem with monarchies is that a monarch will promote the interests of the monarch, the nobility will promote the interests of the nobility. Only a democracy will promote the interests of everybody. That is true whether we talk about a state or a company.
> In case of a failing business, an employee is free to vote with his feet at any moment, moreover if he is valuable specialist in a competitive market.
A non-democratic economy works for certain people under certain circumstances. That is simply not enough.
Equating democratic elections, the act of freely chosing how you run your society, to what amounts to fleeing a sinking ship is beyond ridiculous. So is calling the US a command economy.
> In case of a failing business, an employee is free to vote with his feet at any moment, moreover if he is valuable specialist in a competitive market.
A non-democratic economy works for certain people under certain circumstances. That is simply not enough.
Equating democratic elections, the act of freely chosing how you run your society, to what amounts to fleeing a sinking ship is beyond ridiculous. So is calling the US a command economy.