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date: 29 February 2020

Abstract and Keywords

This article examines the conditions under which a self-enforcing democracy would last. A summary of the early nineteenth-century views according to which democracy could not last because it was a mortal threat to property is provided in the first section. The article then summarizes two models that are motivated by a possibility regarding the insufficiency of the degree of income redistribution. Finally, interpretations and extensions of self-enforcing democracy are discussed.

Keywords: self-enforcing democracy, models, income redistribution, inefficiency, interpretations, extensions

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