In which way the word Capitalism is related to Democracy ?

Answer 1

The same way it's related to communism, socialism, and even the taliban. Everybody uses it, it's natural. Whether we trade a pig for flour, or money for bread, it's as old as history.

Answer 2

Democracy's virtue is that it is the only political system that can allow capitalism. Capitalism is a menace to systems that are non-democratic. However, "democracy" in virtue is "power to the people," so even nations like Saudi Arabia, where the rulers are of one family, have capitalism when the rulers allow this power to the "people." Capitalism does not exist anywhere on earth: government regulations against its free operation (laissez faire) create something called a "mixed economy." A mixed economy is not capitalism in "virtue," but only in so far as the government will allow it to operate.

Answer 3

Capitalism is an economic aspect of Democracy, economic in the sense that the country's trade and industry are controlled by private owners for profit, rather than by the state. It's embedded in Democracy's core value of freedom and liberty.

Answer 4

The relation is:
Capitalism can only exist in a society that has a certain amount of freedoms. In a totalitarian regime, capitalism can not exist.
So, that is it: if you ever find a democracy, you will find capitalism. (There is currently not one single democracy in the world; the U.S. is a Republic.)

Answer 5

Capitalism is the free market style of business where you own and operate your business and enjoy the profits from it or go under according to your decisions. This free market can only exist in a democracy.

Answer 6

It's not. But capitalism seem to thrive in a democratic political environment than other forms of government, but it's not exclusive to democracy.

Answer 7

Its not related really. I think that just as in China today Capitalism is a viable financial system for many types of governments.

Answer 8

Freedom to work as much as one desires, for one's own prospering, and to save and invest a portion of one's money in further projects of others, is related to freedom associated with a constitutional, democratic republic such as the U.S.

It is a type of freedom which asks of its citizens a moral and ethical conduct better than what Marx expected workers would eventually develop, under advanced socialism. Benjamin Franklin said as much, when he noted a Republic was only as strong as its citizens' morality.

Presently, since the 1890s, the culture of greed in larger corporations, called plutocracy, has fairly devalued the U.S. currency (per "Federal" Reserve, which is a private group of bankers entrusted by Congress, unconstitutionally, with regulating U.S. monetary policy), has tended to exploit, cheat, and otherwise injure U.S. workers.

The worse evil has been World Communism, which murdered perhaps a hundred million of its own subjects in the 20th century. (See ). Under the rubric of defending the West and specifically America from a worse evil, some plutocrats/multinational corporations have done a disservice by influencing U.S. foreign policy toward their obtaining (extracting) windfall profits from unstable regimes in resource-rich areas..

Thus, capitalism as ability to be self-employed, to save and invest, is linked with freedom, democratic constitutional republics, and morality. When the system becomes in need of healing, there is corruption, as has happened with plutocracy.

regards,

j.