Mutually inclusive/exclusive? Can one operate in the absence of the other?
2007-01-06 13:31:18 · 9 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
Democracy can co-exist with capitalism IF it's strictly regulated as in Northern Europe.
We do not have democracy at present in the US as our laws have been written by business interests.
2007-01-06 14:21:00 · answer #1 · answered by bettysdad 5 · 1⤊ 0⤋
Synonyms Of Capitalism
2016-12-17 15:01:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Relatively same in concept but they are not. One deals with the way in which a nation or society thrives on economic reforms and relies on a free-market in some instances where people have choice in trade.
The other deals with a nation being able to come together to create, destroy, agree and disagree for the greater good of a nation.
They are mutually exclusive and you can have one without the other. Ex. A country that believes in capitalism where traders and merchants are given authority to behave in the manner best deemed for the economy may be controlled by a sovereign which creates and draws the line for everything else...........even the capitalistic society.
A democratic society would agree that having capitalism would be beneficial but some societies feel that although they enjoy democracy they rather leave the business and government trade be ran by state officials and others in high power that they community elects (this is usually in third world country or less developed areas in the world).
Complex but hope it helps.
2007-01-06 13:37:44 · answer #3 · answered by Truth 2 · 1⤊ 0⤋
Yes, but that's rare nowadays. The most effective system is capitalism+democracy.
2007-01-06 13:37:37 · answer #4 · answered by Anonymous · 0⤊ 1⤋
yes, you are about to witness that in vietnam when their communist government runs a capitalistic economy. the same thing is going on in china right now.
2007-01-06 13:44:26 · answer #5 · answered by qncyguy21 6 · 0⤊ 0⤋
No. One is a political system and the other is an economic system.
2007-01-06 13:40:21 · answer #6 · answered by Anonymous · 0⤊ 0⤋
no.
democracy is the way a government runs a nation.
capitalism is the way a nation runs an economy.
2007-01-06 13:33:05 · answer #7 · answered by nostradamus02012 7 · 1⤊ 2⤋
There is no connection.
2007-01-06 18:06:08 · answer #8 · answered by brainstorm 7 · 0⤊ 0⤋
Yes... or at least more so than other "isms"...
2007-01-06 13:37:13 · answer #9 · answered by Anonymous · 1⤊ 0⤋