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But there is a decisive difference: whereas certain forms of capitalism produce and function with an extreme concentration of wealth and capital, democracies cannot coexist with a similar constellation and concentration of power. Finally, capitalism and democracy can support each other.
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Mar 11, 2020 · Democracy and capitalism coexist in many variations around the world, each continuously reshaped by the conditions and the people forming them. Increasingly, people have deep concerns about...
By contrast, other scholars have argued that capitalism and democracy are not only compatible but largely symbiotic. Some emphasize the contribution of democratic institutions to capitalist development, noting that the success of capitalism depends on secure property rights whose maintenance require s a state dedicated to the rule of law. But
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Sep 8, 2022 · Classical liberalism has long maintained that capitalism and democracy are complementary —that both mutually reinforce the same demand for freedom or, at the very least, that the freedom democracy requires fits best with a competitive market system.
Jul 10, 2021 · Global capitalism seems to be placing democracy, especially liberal democracy, under considerable stress. Support for populism has surged, especially for extreme right parties with populist and authoritarian programs.
The analysis examines how the growth and representation regimes of the developed dem-ocracies have changed through three post-war eras to yield distinctive distributive out-comes in each era. Keywords: capitalism; democracy; growth regimes; representation; political economy.
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Oct 1, 2014 · 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...