“Liberal democracy is inherently fragile because reconciling its terms does not produce a natural political equilibrium. When elites have sufficient power, they have little interest in reflecting the preferences of the public at large. When the masses mobilize and demand power, the resulting compromise with the elites rarely produces sustainable safeguards to protect the rights of those not represented at the bargaining table. Thus, liberal democracy has a tendency to deteriorate into one or the other of its perversions – illiberal democracy or undemocratic liberalism.”
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