Dictionary of Arguments

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Brocker I 404
Democracy/Friedman: A democratically elected government is (...) not an arbitrator, but always also an expression of the balance of power within society and on the markets. It is no coincidence that Hayek has always maintained an ambivalent relationship with democracy and preferred liberal dictators to populist democratic governments (1). Hayek and Friedman served as economic advisors to the military authorities in the 1970s after the coup d'état in Chile. Apparently they saw here an opportunity to realize the liberal market model "from above".


1.Thomas Biebricher, »Demokratie als Problem«, in: Die Zeit 38, 11. September 2014, S. 21.

Peter Spahn „Milton Friedman, Kapitalismus und Freiheit“, in: Manfred Brocker (Hg.) Geschichte des politischen Denkens. Das 20. Jahrhundert. Frankfurt/M. 2018


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Econ Fried I
Milton Friedman
The role of monetary policy 1968

Brocker I
Manfred Brocker
Geschichte des politischen Denkens. Das 20. Jahrhundert Frankfurt/M. 2018


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Ed. Martin Schulz, access date 2019-03-22
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