Capitalism is NOT Democratic: Democracy is NOT Capitalist

https://projects.iq.harvard.edu/fil...-_is_capitalism_compatible_with_democracy.pdf

"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.

"Capitalism is not democratic, democracy not capitalist.

"During the first postwar decades, tensions between the two were moderated through the socio-political embedding of capitalism by an interventionist tax and welfare state.

"Yet, the financialization of capitalism since the 1980s has broken the precarious capitalist-democratic compromise."
Reagan-Tax-Bill-July-1981-resize.jpg

Reagan's tax cuts facilitated low interest rates and financial bubbles to promote US financial expansion by making real estate speculation and junk-bond corporate takeovers effectively exempt from income taxation.

This set in motion a chain-reaction of asset price inflation that is still polarizing this economy today.

The primary mode of accumulation has become financial, enabling investment bankers to replace government planners.
Capitalism is democratic. Each share you own in a company allows you 1 vote per share for who sits on the board of directors.
 
We're a representative democracy not an oligarchy.
trump-pixel-head-im-really-really-rich-bitch-womens-t-shirt.jpg


Why do you keep posting shit about Trump, he's small time compared to other wealthy Americans.

Now be honest, he's the first thing you think about when you wake and all you dreamed about all night, RIGHT? Dude there are professionals that can help with your obsession.

.
 
https://projects.iq.harvard.edu/fil...-_is_capitalism_compatible_with_democracy.pdf

"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.

"Capitalism is not democratic, democracy not capitalist.

"During the first postwar decades, tensions between the two were moderated through the socio-political embedding of capitalism by an interventionist tax and welfare state.

"Yet, the financialization of capitalism since the 1980s has broken the precarious capitalist-democratic compromise."
Reagan-Tax-Bill-July-1981-resize.jpg

Reagan's tax cuts facilitated low interest rates and financial bubbles to promote US financial expansion by making real estate speculation and junk-bond corporate takeovers effectively exempt from income taxation.

This set in motion a chain-reaction of asset price inflation that is still polarizing this economy today.

The primary mode of accumulation has become financial, enabling investment bankers to replace government planners.
well they are two different things all together…one is an economic system and one a Govt system. Both promote freedom and individual rule.

So yeah they aren’t the same

Under tyrannical leftist regimes that promote socialism there is no different Socialism is the Govt and economic system because there is no individual it’s all the state
 
Why do you keep posting shit about Trump, he's small time compared to other wealthy Americans.

Now be honest, he's the first thing you think about when you wake and all you dreamed about all night, RIGHT? Dude there are professionals that can help with your obsession.

.
Think he wants DJT to invest his venture capital in Georgie's real estate.
 
This is a perfect example of why people should no longer send their kids to these institutions...They have become Socialist sympathizers...
Rich people and their useful idiots have been making that argument for thousands of years: Only a privileged few were entitled to the benefits of education. Education is the only way to understand the class war that's been going on across all those centuries.
 
Rich people and their useful idiots have been making that argument for thousands of years: Only a privileged few were entitled to the benefits of education. Education is the only way to understand the class war that's been going on across all those centuries.
IOW, to be indoctrinated....Our Universities are now crap because of the culture there that has become toxic to ideology....
 
"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners.

"Capitalism is not democratic, democracy not capitalist.




Okay, all of this is nonsense. Let's work through this:

"Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other;

Property rights are a function of gov't, not capitalism. Nor does capitalism have anything to do with unequal distribution of anything, the laws of supply and demand have nothing to do with equality and you get to decide what price to pay for something or to sell something. If you think the price is too high, then you don't buy it, and if you try to sell something at a price that is too high then nobody will buy it. IOW, the buyer and the seller agree on the value of what is given and received as equal value, otherwise they don't make the transaction, and there's nothing more equal than that.

"profit oriented trade within capitalism in contrast to the search for the common good within democracy"

I hate to break it to you, but there is no search for common good within a democracy or any other form of gov't. Do you believe anybody in gov't (either party) is searching for the common good? The truth is that every politician is looking out for themselves first and their party second, then they consider what's best for everybody else. But that consideration is a ways down the list of priorities.

Capitalism OTOH is always searching for the common good because that's how you make money. You want something that a lot of people want at a price they will pay to get it, and if successful that's how you improve the common good. Look at the Coronavirus vaccines and how fast they were developed and made available. THAT is capitalism at it's best, and democracy had nothing to do with it.

"debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners."

If you think Nancy Pelosi, Chuck Schumer, and the Biden Administration aren't making hierarchical decisions the same as the captains of industry are, then you are sadly mistaken. And the same is true of Trump, McConnell, and the Repub leaders in the House. They may have to make some compromises to get their caucus to agree to whatever the legislation is that they want to pass, but they ain't compromising with the Repubs unless forced to. And vice versa.

"Capitalism is not democratic, democracy not capitalist."

Under capitalism nobody is forced to buy or sell something at a given price unless the fucking gov't mandates it. The very essence of democracy is choices freely made and that is also the essence of capitalism.
 
Last edited:
Rich people and their useful idiots have been making that argument for thousands of years: Only a privileged few were entitled to the benefits of education. Education is the only way to understand the class war that's been going on across all those centuries.
Class warfare?

What class warfare?

We don't have classes in America. We're not YOU. We kicked you snobby motherfuckers out. Remember?

Quit trying to start a war over nothing, you filthy little tyrant shit.
 
The US is a representative democracy where our government is elected by citizens who vote for their government officials. These officials represent the citizens' ideas and concerns in their society.
wrong again,,

 
Thanks to out-of-control government that spends TRILLIONS that we don't have. That's not a fault of capitalism, that's a fault of big government, which you adore.
Markets aren't under government control; they are controlled by private for-profit corporations that have systematically ensnared the productive economy in coils of debt over the last forty years. The solution is for government to tax the rich individuals and corporations instead of borrowing TRILLION$ from them.
US-consumer-credit-total-2020-q1-.png

The State of the American Debt Slaves, Q1 2020: How Are Consumers Positioned Going into the Crisis?
 
Markets aren't under government control; they are controlled by private for-profit corporations that have systematically ensnared the productive economy in coils of debt over the last forty years. The solution is for government to tax the rich individuals and corporations instead of borrowing TRILLION$ from them.
US-consumer-credit-total-2020-q1-.png

The State of the American Debt Slaves, Q1 2020: How Are Consumers Positioned Going into the Crisis?
wrong,,
all corp. are a creation of government and live by their rules,,
 
Actually capitalism is the purest form of democracy, if enough people take their dollars to another company, the first will cease to exist. So go get yourself a tissue and stop reading the crap put out by Marxist academics.
Actually, capitalism divides society into a pair of vastly unequal cohorts: owners and workers. So, a small minority of the population decides what to produce, where to produce it, and how to distribute any surplus. Additionally, this small percentage of society acquires undue political influence when it purchases the best government money can buy. Wherever you spend your money won't matter in the least to the oligarchs who own your capitalist politicians.
 

New Topics

Forum List

Back
Top