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phantom power

(25,966 posts)

4. another pair of lumped terms is capitalism and democracy

Reply to paulkienitz (Original post)

Tue Apr 28, 2015, 08:54 AM

Apr 2015

One is a political system, and the other is an economic practice. There's no reason you can't have a socialist democracy, or a communist democracy. But most people are happy to smear anybody advocating socialism or (gasp!) communism as also being un-democratic.

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a distinction that Wall Street doesn't want us to make [View all] paulkienitz Apr 2015 OP

I don't agree with the definition of capitalism - I think? JustAnotherGen Apr 2015 #1

the basis of that definition paulkienitz Apr 2015 #2

K&R! It is in their interest to muddy the water. They are doing a fantastic job of it. Enthusiast Apr 2015 #3

another pair of lumped terms is capitalism and democracy phantom power Apr 2015 #4

They certainly are not synonymous. The is danger in having control over jobs/wages in the same hands pampango Apr 2015 #5

yeah... paulkienitz Apr 2015 #6

"The Divine Right of Capital" says modern capitalism equivalent to subsidized gambling or feudalism lostnfound Apr 2015 #7