An enduring embarrassment of democratic theory is that it seems impotent when faced with questions about its own scope. - Ian Shapiro

Wealthy people used to find democracy frightening. The reason was simple: the poor, once enfranchised, should be expected to soak the rich. This fear bred elite resistance to expanding the franchise, particularly beyond the propertied classes. Nor did this fear, and the reasoning behind it, go unnoticed on the political left.

Although this is less often commented on in the academic literature, democracy is as much about opposition to the arbitrary exercise of power as it is about collective self-government....

So Sen is right that democracy can be pressed into the service of reducing injustice. Indeed this can happen against expectations. Had there been neoclassical economists around in the late eighteenth century, they would have scoffed at the possibility of abolishing the slave trade. In the absence of a system of multilateral enforcement, Britain had to bear the enormous expense unilaterally—over several decades—without any obvious prospect of a return. whether democracy fosters or hinders economic growth.