From the ruling of the European Court of Human Rights on October 21, 2010, in the case of Alekseyev v Russia – a useful note.
63. Referring to the hallmarks of a ‘democratic society’, the Court has attached particular importance to pluralism, tolerance and broadmindedness. In that context, it has held that although individual interests must on occasion be subordinated to those of a group, democracy does not simply mean that the views of the majority must always prevail: a balance must be achieved which ensures the fair and proper treatment of minorities and avoids any abuse of a dominant position (see Young, James and Webster v. the United Kingdom, 13 August 1981, Series A no. 44, § 63, and Chassagnou and Others v. France [GC], nos. 25088/95 and 28443/95, § 112, ECHR 1999-III).
The ECHR ruled against Russia in that case. Russia, of course, simply paid the fine and carried on regardless.
rnilsson says
Oh the joy of printing Monopoly money.
Or robbing those who make it.
Fun all the way to GO!
moarscienceplz says
rnilsson:
Your post seems to be completely off topic. Furthermore, please correct me if I am mistaken, but it also seems to be a pea-brained Libertarian rant against fiat currency. If so, you are REALLY off topic!