Wealthy people used to find democracy frightening. The reason was simple: the poor, once enfranchised, should be expected to soak the rich. This fear bred elite resistance to expanding the franchise, particularly beyond the propertied classes. Nor did this fear, and the reasoning behind it, go unnoticed on the political left.

Ian Shapiro, Peter A. Swenson, and Daniela Donno, "Introduction" in Divide and deal : the politics of distribution in democracies (2008) edited by Ian Shapiro, Peter A. Swenson, and Daniela Donno.