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.