Is Capitalism a threat to Democracy?

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  1. Muneer A. Saleh profile image60
    Muneer A. Salehposted 14 years ago

    Is Capitalism a threat to Democracy?

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  2. Christian Walker profile image63
    Christian Walkerposted 14 years ago

    Capitalism is the most democratic financial system there is in this world.  Do not confuse monopolies, corporatism, and government interference in the free market with capitalism.  There is a reason it is called a FREE market system.

    What we practice in the USA currently is not pure capitalism and it has gotten worse.  Our current government imposes huge financial burdens on our economy in the form of health-care laws and environmental regulations and then exempts crony corporations like GE and big Unions from those regulations while the rest of us are forced to pay for these boondoggles.

  3. Wayne Brown profile image82
    Wayne Brownposted 14 years ago

    No, by no means.  In fact, the two go hand in hand.  If we had a government which took all of the peoples money and redistributed it on an equal share basis, we would no longer have capitalism and we would not longer have democracy.  Capitalism thrives in a free market system and Democracy is really the only form of government which offers any that near a free market approach.  Therefore, the two are wed as one. WB

  4. CMerritt profile image76
    CMerrittposted 14 years ago

    I think Reagan summed this question up quite well with.........“All systems are capitalist. It's just a matter of who owns and controls the capital -- ancient king, dictator, or private individual. We should properly be looking at the contrast between a free market system where individuals have the right to live like kings if they have the ability to earn that right and government control of the market system such as we find today in socialist nations.”

 
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