I am in two minds about democracy, and so is everybody else. We all agree that it is the sovereign remedy for corruption, tyranny, war, and poverty in the Third World. We would certainly tolerate no different system in our own states. Yet most people are disenchanted with the way it works. One reason is that our rulers now manage so much of our lives that they cannot help but do it badly. They have overreached. Blunder follows blunder, and we come to regard them with the same derision as those who interview them on radio and television. We love it that our rulers are—up to a point—our agents. They must account to us for what they do. And we certainly don’t live in fear, because democracy involves the rule of law. Internationally, democracies are by and large a peaceful lot. They don’t like war, and try to behave like “global citizens.” There is much to cherish.

Yet...