I wouldn’t call a small policy like that ‘democratically unacceptable’ either. I guess the key thing is whether a policy goes significantly beyond citizens’ willingness to pay not only by a large factor but also by a large absolute value. It seems likely to be the latter kinds of policies that couldn’t be adopted and maintained by a democratic government, in which case it’s those policies that qualify as democratically unacceptable on our definition.
I wouldn’t call a small policy like that ‘democratically unacceptable’ either. I guess the key thing is whether a policy goes significantly beyond citizens’ willingness to pay not only by a large factor but also by a large absolute value. It seems likely to be the latter kinds of policies that couldn’t be adopted and maintained by a democratic government, in which case it’s those policies that qualify as democratically unacceptable on our definition.