Tagged: Advertising
Quotes
Joseph Schumpeter, Capitalism, Socialism, and Democracy (1943)
- The picture of the prettiest girl that ever lived will in the long run prove powerless to maintain the sales of a bad cigarette. There is no equally effective safeguard in the case of political decisions. Many decisions of fateful importance are of a nature that makes it impossible for the public to experiment with them at its leisure and at moderate cost. Even if that is possible, judgment is as a rule not so easy to arrive at as in the case of a cigarette, because effects are less easy to interpret.#
Posts
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The Marketing State and the Dynamics of Erithocracy
For all the bluster about “money in politics”, democracy suffers from much more fundamental perversities. Chief among them is the fact that democratic governments – even those without a propaganda arm – are actively involved in forming the interests they are supposed to reflect. In the first place, political opinions . . .