Wolfgang Schäuble, a powerful advocate of austerity policy in Europe, succinctly summarized the extent to which electoral democracy is subordinate: “Elections cannot be allowed to change economic policy.” [18] One Party States and Democratic Centralism are not the result of lack of sophistication or cronyism, they are a proven bulwark that acknowledges that political power will often need to be exerted against the will of Capital, and so the wielders of said power must necessarily undergo a much more serious vetting process than a popularity contest.

from https://redsails.org/why-marxism/

[18] Yanis Varoufakis, Adults In The Room (2017), Part 2, Section 8 (“Elections versus economic policy”).