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This is what I found when I wen't looking for the relationship between Capitalism and Democracy.
"A capitalist system is a republic and not a [pure] democracy. It is a system of checks and balances so ordered to protect the rights of the individual, from criminals and most importantly from the democratically elected voices who claim to speak for the "public good." It is a limited "democracy".
For those who are confused by the issue, the essential point is this: is it right for another man to rape, rob and murder another? Capitalism says never; democracy says yes -- if the majority wills it. "
I have always held the beleif that a pure Democracy was an unworkable system, Thomas Payne and others helped push the US after the Revolution into a pure Democracy, it didn't work !nothing could ever get done each individual created a law to benifit his own interest. So the system changed gradualy into the hybrid we have now. So the answer to the question seems to depend on how you define Democracy.
"A capitalist system is a republic and not a [pure] democracy. It is a system of checks and balances so ordered to protect the rights of the individual, from criminals and most importantly from the democratically elected voices who claim to speak for the "public good." It is a limited "democracy".
For those who are confused by the issue, the essential point is this: is it right for another man to rape, rob and murder another? Capitalism says never; democracy says yes -- if the majority wills it. "
I have always held the beleif that a pure Democracy was an unworkable system, Thomas Payne and others helped push the US after the Revolution into a pure Democracy, it didn't work !nothing could ever get done each individual created a law to benifit his own interest. So the system changed gradualy into the hybrid we have now. So the answer to the question seems to depend on how you define Democracy.