By Paul Brooker
This 2nd version contains a new bankruptcy on presidential management and overseas coverage, and has improved its assurance of Schumpeter's and different management types of democracy. Its concentration, even though, continues to be on pioneering political management within the electoral, governmental, legislative, and administrative sectors of the USA and British democracies.
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And he argued that the extent and rapidity of these innovations actually had a negative impact on the economy’s prospects for recovery from the Depression. 42 The New Deal experience also highlights another possible explanation for his not mentioning entrepreneurial-style, pioneering political leadership in his theory of democracy.
14 To illustrate this point he argued that there had been a ready possibility of preserving Louis XVI’s monarchical regime (and thereby preventing the French Revolution) but nobody had seized the opportunity. That Schumpeter used an example from political rather than economic history is further evidence that he was describing a kind of leadership that occurs in politics as well as economics, even if the political version seems in shorter supply than the economic! However, the economic and political versions of pioneering leadership differ markedly in capacities and resources.
Swiss democracy is known for its frequent use of referendums and initiatives but apparently Schattschneider’s realism is applicable to these elements of direct democracy as well to the country’s processes of representative democracy. ‘In line with Schattschneider, the emphasis is on the role of leadership and organization in the democratic process’, for his definition of representative democracy ‘also applies to direct-democratic processes. 76 For example, he appeared in a recent comparative study of modern democracies’ tendency towards ‘presidentialization of the executive’ and specifically presidentialisation of the ‘chief executives, whether presidents or prime ministers’: In one sense, presidentialization seems to hark back to elitist models of representative democracy.