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changed the thinking about the complementary nature of capitalism and democracy. Theoretical as well as empirical analyses are showing an increasing number of con-tradictions—even incompatibilities—between capitalism and democracy. Albeit with new arguments and insights, the debate contains some theoretical links to the leftist
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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 both.
Jul 10, 2021 · More recently, Slobodian argues that the entire neoliberal system of international institutions set up since the 1950s has served to protect capitalism against democracy: the entire “neoliberal project focused on designing institutions–not to liberate markets but to encase them, to inoculate capitalism against the threat of democracy” (Slobodian 2018, 2). For many on the left of the ...
Sep 11, 2019 · The more considered answer is that it can be, but only with the public policies that make it so. The relationship between liberal democracy and capitalism changes over time, as do the policies ...
Jun 13, 2019 · Mr Iversen and Mr Soskice see capitalism and democracy as potentially mutually supporting, with three stabilising pillars. One is a strong government, which constrains the power of large firms and ...
Apart from this general compatibility, there is a more specific connection between the interests of the capitalist class and liberal democracy. This connection arises from the particular sort of “intra-class” relations that are characteristic of capitalism. Since capitalists must sell the surplus they extract on the market, they compete ...
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“Is Capitalism a Threat to Democracy?” asks an article in The New Yorker. “Are Capitalism and Democracy Compatible?” asks the Huffington Post. Social scientists also takingare up the question anew, with some suggesting that the dynamics of capitalism have overwhelmed democracy, while others argue that democratic
