Owners are a minority of voters, which raises an obvious question: why does the majority tolerate it?

Every serious attempt to answer that ends up admitting something uncomfortable, that democracy only functions as intended if voters are consistently rational and informed. But that assumption doesn’t hold. It never has. Even the Athenians put Socrates, father of Western civilization, to death.

If society were at all rational, we'd see a lot more people swing from lampposts.