Government of the Technocrats
The author argues that the way the leaders of Italy and Greece were appointed (rather than elected) in the wake of the Global Financial Crisis is a worrying sign for democracy more generally.
He argues that the move risked creating major problems for the political legitimacy of democratic systems in both countries.
The author states that the growing power of international bodies such as the International Monetary Fund and the European Commission has steadily diminished democracy.
He argues that other ways to resolve economic crises should be considered, otherwise the trend of appointing economic technocrats to run democratic countries will have long-run impacts on the overall standing of democracy.
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