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But this poses a ‘fundamental political dilemma’ for capitalism because ‘a state strong enough to protect private markets is strong enough to confiscate the wealth of its citizens’ (Weingast Reference Weingast 1995: 24). Hence, capitalists need not only a strong state, but also a credible commitment that this state will respect their property rights, which democratic institutions are ...
Jul 10, 2021 · The capitalist state was designed to protect the collective interests of the capitalist class against the working class and against the short-sighted behavior of individual capitalists; thus the state had some autonomy. 12 But for Marx and many Marxists, democracy itself was a sham set up to protect capitalism.
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 both.
- Zusammenfassung
- 3 Three types of democracy
- 10 The exclusive character of US democracy becomes even more apparent if the 10–15% of the lower class without citizenship are taken into account. A considerably smaller part (5%) at the upper end of the income scale does not have citizenship (Bonica et al. 2013, p. 110).
Kapitalismus und Demokratie folgen unterschiedlichen Logi-ken. Ersterer basiert auf Eigentumsrechten, individueller Gewinnmaximierung, hie-rarchischen Entscheidungsstrukturen und ungleichen Besitzverhältnissen, Letztere gründet auf der Suche nach Allgemeinwohl, Diskurs, politischer Gleichheit und den Verfahren konsensueller oder majoritärer Entsche...
The definition of democracy is highly contested: liberal, social, pluralistic, elitist, decisionist, communitarian, cosmopolitan, republican, deliberative, participatory, feminist, critical, post-modern and multicultural concepts of democracy all compete with each other (Lembcke et al. 2012). From a more simplified perspective, however, three group...
2014). Declining turnout and increasing social selectivity of the electorate also stem from increasingly precarious conditions faced by the lower classes on the labor mar-ket as well as the decline of catch-all parties, labor unions and other large collective organizations that played a crucial role in the politicization and representation of the l...
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this poses a “fundamental political dilemma” for capitalism because “a state strong enough to protect private markets is strong enough to confiscate the wealth of its citizens” (Weingast 1995: 24). Hence, capitalists need, not only a strong state, but also a credible
Dec 31, 2023 · The welfare state policies and the rapid economic growth in the post-World War II era led to a strong correlation between capitalism and democracy. The increase in the welfare of the working class and capital accumulation contributed to the idea that capitalism was an ideal system not only for the interests of the property owners but also for the working class.
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Mar 9, 2018 · The global financial crisis since 2008 has manifested and intensified the critical elements of this new divergence: it has once more changed the relationship between the economy and the state, capitalism, and democracy. The crisis of capitalism threatens to turn into a crisis of democracy.
