As soon as a crisis breaks out, within the given institutional framework, the same mistake will be made over and over again, on a larger and larger s… - Hans-Hermann Hoppe

...bums and inferior people will likely support his egalitarian policies, whereas geniuses and superior people will not. For [this] reason...a democratic ruler undertakes little to actively expel those people whose presence within the country constitutes a negative externality (human trash which drives individual property values down).

As for the moral status of majority rule, it must be pointed out that it allows for A and B to band together to rip off C, C and A in turn joining to rip off B, and then B and C conspiring against A, and so on.

Not only is this close correlation between democracy and dictatorship troublesome for democratic-peace theorists; worse, they must come to grips with the fact that the dictatorships emerging from crises of democracy are by no means always worse, from a classical liberal or libertarian view, than what would have resulted otherwise. Cases can be easily cited where dictatorships were preferable and an improvement. Think of Italy and Mussolini or Spain and Franco.