News & Politics
How compatible is democracy with free market progress?
Brexit has revitalized debates about democracy. Restoring democracy and sovereignty can come risk for those strongly committed to free markets — that our fellow citizens might choose another path, perhaps even one that could lead to socialist and freedom-hindering policies.
But is that a risk we must take? In a free society, what individual rights should never be infringed on? What should be voted on? And is there a place for technocratic decision-making?
In a new paper, the Director of the IEA’s FREER initiative, Rebecca Lowe, argues that one clear answer to ‘improving’ democracy here in the UK would be to institute a proper focus on local decision-making — something that, she says, has been overlooked in past years.
Rebecca joins the IEA's Darren Grimes to discuss, alongside Adam Bartha, the Director of EPICENTER, the European Policy Information Center.
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