Democracy: Instrumental or Inherently Valuable?

Peter Mork of the excellent blog, Economics With A Face, links to the following cartoon and provides his own commentary:

I'll add another Hayek quote, also from The Constitution of Liberty:

No one has a fundamental human right to participate in the governing of other human beings. “Democracy” is an ideal that classical liberals, at least, have always recognized as subordinate to more important ideals like liberty and human welfare; we support democratic regimes because we believe they are more likely to yield good results in terms of more basic ideals, not because democracy is inherently valuable.
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I liked the additional Hayek

I liked the additional Hayek quote...

Thanks for the link.