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View Diary: Are Capitalism and Democracy Incompatible? (159 comments)

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  •  capitalism is anti-democratic (12+ / 0-)

    it's a business model based on self interest. Democracy is a political model based on common interests. The more confusion there is about this difference, the more democracy is corrupted. We're being brainwashed to conflate the concepts of "free" markets and "free" trade" with the political freedom of democratic self determination. That way the traders can exploit our common resources as a "democratic" political mandate for their profiteering.

    Not that they are necessarily incompatible, but the democracy has to manage capitalism to prevent the excesses that are all too familiar by now. Government must govern.

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