Mises sanctioned suspending democracy when it failed to secure stability.
Evidence
In 1927, democracy had ceased to fulfill its primary function. It did not prevent revolution. In that case, Mises believed, it was perfectly legitimate to suspend it and enforce order by other means. — Quinn Slobodian, Globalists, 166
Categorization
- XREF: Supports the reader’s thesis — the market-reading shows neoliberalism’s willingness to abandon electoral democracy when it threatens capital.