Chris Dillow — Elites or people?

Humanity doesn't have a resource problem; it has a management problem. Who most qualified to manage these resources, the people or the experts? What is the optimal system to balance these factors? Representative democracy was supposed to provide checks and balances. Has it?

These are some of the issues involving the balance of technocracy and democracy, elitism and populism. These issues are now coming to the fore politically as inequality rises and the social fabric frays.

Stumbling and Mumbling
Elites or people?
Chris Dillow | Investors Chronicle