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- Global capitalism seems to be placing democracy under considerable stress. Inequality, insecurity, and interdependence have surged globally and appear to be key sources of stress. Populist challenges, from the left as well as the right, to democratic constitutional processes have been growing around the world.
academic.oup.com/isq/article/65/4/1097/6318891Is Global Capitalism Compatible with Democracy? Inequality ...
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The belief capitalism and democracy always go hand-in-hand is historically inaccurate. "Capitalism is basically an economic system that can function, and has historically functioned, within the context of a number of different political systems, ranging from democratic to extremely authoritarian," explains Jacques Pauwels, a Canadian historian and ...
Capitalism and authoritarianism took a different twist in the post-war era. "At the end of the Second World War, the United States looked around the world and told itself: 'We are the only important country that has not been sapped politically, economically, morally and militarily by this war'," observes Stephen Kinzer, a former New York Times fore...
At the same time it was active in Iran, the CIA also engineered a coup in Guatemala, overthrowing the democratically-elected government of Jacobo Arbenz, on behalf of the United Fruit Company, the American multinational famous for producing Chiquita bananas. Arbenz had wanted to expropriate unused plantation land and give it to agricultural workers...
The rise of right-wing populism arrived in America in 2016, when former Goldman Sachs executive, Steve Bannon, a proponent of the alt-right and head of Breitbart News at the time, went looking for a candidate to run for the Republican nomination. He found developer, Donald Trump. But long before Trump's ascendency, corporations and the ultra-wealth...
In recent years, the Republican Party and its wealthy backers have been attempting to undermine the U.S. electoral system by gerrymandering Congressional districts and engaging in voter suppression methods aimed at constraining the ability to vote among minorities, especially African Americans. "And in 2016, for example, certain urban areas, colleg...
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...
Aug 30, 2016 · Widely shared increases in real incomes played a vital part in legitimising capitalism and stabilising democracy. Today, however, capitalism is finding it far more difficult to generate such ...
How are we to understand the relationship between capitalism and democracy? This issue is on the public agenda again. “Is Capitalism a Threat to Democracy?” asks an article in The New Yorker. “Are Capitalism and Democracy Compatible?” asks the Huffington Post.
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Jan 29, 2021 · In many parts of the Western world, the liberal and democratic values and institutions on which planning ideas are based have been under sustained attack or crumbling in the face of globalising capitalism and consumer culture.
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Jul 13, 2021 · Drawing on Milanovic, it contends that rise of China as a global power combining capitalism with non-democracy challenges the relationship between capitalism and democracy from without. Finally, it contends that the environmental question and the pandemic represent two windows of opportunity for democracy to recover lost ground and re-establish ...
