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From a utilitarian perspective, a good decision-making system is one in which the decision makers are more likely than otherwise to make decisions that produce good results. In principle, this could be one in which all decision-making power is vested in a single philosopher king. But everything we know of history and human nature suggests that this is a bad idea. Instead, it seems we're better off with representative democracy, coupled with a free press and widely accessible education, and so on, and so forth.
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