greeks celebrate no vote Chris Stowers/ZumaPress

Greece’s “No” is No Victory for Democracy

Despite what many are saying – especially those who do not have to bear the consequences of their words – Greek voters’ rejection on Sunday of the latest bailout offer from their country’s creditors did not represent a “victory for democracy.” In fact, it is quite the opposite.

PARIS – Despite what many are saying – especially those who do not have to bear the consequences of their words – Greek voters’ rejection on Sunday of the latest bailout offer from their country’s creditors did not represent a “victory for democracy.” For democracy, as the Greeks know better than anyone, is a matter of mediation, representation, and orderly delegation of power. It is not ordinarily a matter of referendum.

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