Those who, in the nineteenth century, argued the dangers of a mass democracy in which a majority of the voters would have no stake in the country at all, had reason to be fearful. But the remedy is not to restrict the franchise to those who own property: it is to extend the ownership of property to the largest possible majority of those who have the vote. The widespread ownership of private property gives is crucial to the survival of freedom and democracy. It gives the citizen a vital sense of identification with the society of which he is a part. It gives him a stake in the future-and indeed, equally important, in the present. It creates a society with an inbuilt resistance to revolutionary change.
About this quote
- What does it mean?
- Democracy survives when citizens own property, giving them a stake in society and resistance to revolution.
- In plain terms
- Give people property ownership so they care about preserving democracy.
- What can you take from it?
- Widespread property ownership stabilizes freedom.
Where it applies
Putting it to work
Questions to consider
- What makes people feel invested in their society?
- How does asset ownership change political behavior?
Another view
Property ownership alone may not prevent authoritarianism if other rights are absent.
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