Dependence and democracy

Dependence and democracy
: Hooman, an Iranian blogger, raises an interesting question regarding economics and democracy:

Imagine you live in a country with a diverse economy. Imagine you keep 70% of your income in your pocket and end up paying 30% to the government as tax. Your government hinges on you and your fellow countrymen and women to stay afloat then…. Now imagine you live in a country with an economy living off

  • http://provri.blogspot.com Soren Ryherd

    There have been a number of people who have talked about the effects of this distributive form of government economy. Si Summers wrote an article on the subject of the effects of this ‘rentier economy’. An interesting point was:
    “The development of the rentier state is said to have led to the creation of what can be called a