What would such a policy for all the people look like? One way to summarize the role of a democracy is as a promoter of security, which can be seen also as a reducer of risk. Living is a process that involves many risks, ranging from bankruptcy to illness and beyond. The government is in the best position to offer people insurance because it can compel people to join in the insurance process, it has a perfect credit rating since it can tax and print money, and it can monitor people at risk. The government has to want to offer security and insurance, and a democratic government responsive to
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