Famous quote by Joseph A. Schumpeter

"Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political - legislative and administrative - decisions and hence incapable of being an end in itself"

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This quote by Joseph A. Schumpeter suggests that democracy is not an end in itself, however rather a method to an end. It is a political method, or an institutional arrangement, that is utilized to make political choices. Democracy is not a goal in and of itself, but rather a tool used to reach an objective. It is a method of arranging a society and making decisions that remain in the very best interest of individuals. Democracy is a method of ensuring that everyone has a say in the choices that impact them, and that those decisions are made in a reasonable and equitable way. It is a method of ensuring that the voices of the individuals are heard which their interests are taken into consideration.

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About the Author

USA Flag This quote is from Joseph A. Schumpeter between February 8, 1883 and January 8, 1950. He/she was a famous Economist from USA. The author also have 8 other quotes.
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