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1. • Complementary

     • 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.
     Reference:

     Capitalism and Democracy: Complementarity, Complicity ...

2. link.springer.com › chapter › 10Capitalism and Democracy: Complementarity, Complicity ...

   link.springer.com › chapter › 10

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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.

3. projects.iq.harvard.edu › files › mobilizedIs capitalism compatible with democracy? - Harvard University

   projects.iq.harvard.edu › files › mobilized

   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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     14. The Political and Judicial Elements of American Capitalism

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5. hbr.org › 2020 › 03Do Democracy and Capitalism Really Need Each Other?

   hbr.org › 2020 › 03

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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...

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6. academic.oup.com › isq › articleIs Global Capitalism Compatible with Democracy? Inequality ...

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   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.

7. www.researchgate.net › publication › 363372279Capitalism and Democracy: Complementarity, Complicity ...

   www.researchgate.net › publication › 363372279

   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...

8. link.springer.com › chapter › 10Capitalism, Democracy, and Elites Today | SpringerLink

   link.springer.com › chapter › 10

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   Dec 31, 2023 · Since the beginning of the neoliberal era, it has been argued that there was a correlation between democracy and capitalism, and a strong democracy could ensure capitalist development and increase welfare.

9. People also ask

   Are capitalism and Democracy complementary?

   • Liberal thinkers have 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. But the relationship between the two has been hotly debated for centuries.

   Capitalism and Democracy: Complementarity, Complicity, Conflict

   link.springer.com/chapter/10.1007/978-3-031-08407-2_2

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   Can Capitalism prosper under both Democratic and authoritarian regimes?

   • It is apparent that capitalism can prosper under both demo-cratic and authoritarian regimes but that so far, democracy has existed only with capitalism. Nevertheless, capitalism and democracy are guided by different princi-ples that create tensions between the two. This is expressed primarily in the differ-ent relations to equality and inequality.

   Is capitalism compatible with democracy? - Harvard University

   projects.iq.harvard.edu/files/mobilized_contention/files/merkel_-_is_capitalism_compatible_with_democracy.pdf

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   Is there a correlation between democracy and capitalism?

   • Since the beginning of the neoliberal era, it has been argued that there was a correlation between democracy and capitalism, and a strong democracy could ensure capitalist development and increase welfare. Thus, M. Friedman’s (1912–2006) especially discussed democracy and capitalism as coexisting systems in Capitalism and Freedom (2002).

   Capitalism, Democracy, and Elites Today | SpringerLink

   link.springer.com/chapter/10.1007/978-3-031-45547-6_2

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   How does democracy and capitalism coexist?

   • 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 both. In a recent global survey, Pew found that, among respondents in 27 countries, 51% are dissatisfied with how democracy is working.

   Do Democracy and Capitalism Really Need Each Other?

   hbr.org/2020/03/do-democracy-and-capitalism-really-need-each-other

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   Is capitalism Democratic?

   • 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.

   Is capitalism compatible with democracy? - Harvard University

   projects.iq.harvard.edu/files/mobilized_contention/files/merkel_-_is_capitalism_compatible_with_democracy.pdf

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   Are capitalism and democracy the most successful systems of economic and political order?

   • Throughout the past two centuries, capitalism and democracy have proven them-selves the most successful systems of economic and political order.1 Following the demise of Soviet-style socialism after 1989 and the transformations of China’s econ-omy, capitalism has become the predominant system around the world.

   Is capitalism compatible with democracy? - Harvard University

   projects.iq.harvard.edu/files/mobilized_contention/files/merkel_-_is_capitalism_compatible_with_democracy.pdf

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10. academic.oup.com › edited-volume › 35474Capitalism and Democracy | The Oxford Handbook of Political ...

    academic.oup.com › edited-volume › 35474

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    Jul 7, 2011 · If we want to understand how democracy and capitalism coexist, therefore, we need a model of capitalism that goes beyond a simple dichotomy between state and market. This chapter discusses three different approaches to the study of democratic redistribution, and then considers the recent literature on capitalism as an economic system and how ...