Capitalism and Democracy
Title: Capitalism and Democracy
Category: /Law & Government
Details: Words: 3321 | Pages: 12 (approximately 235 words/page)
Capitalism and Democracy
Category: /Law & Government
Details: Words: 3321 | Pages: 12 (approximately 235 words/page)
Capitalism and Democracy
From the very dawn of intelligent human interaction to the present day,
the concept of capitalism has dominated the way we trade goods and
acquire wealth. Except for the necessity of a simple communist society in
pre-modern times, or the noble humanistic notion of a socialist society,
the free market has always been the most efficient way to run the economy
once the most basic needs of life have been satisfied. Only
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understood in terms of each other, have served to guide the actions of
the most powerful and influencing nation-states the world has ever seen.
Perhaps the best way to end this brief treatment of capitalism and
democracy is to cite Friedman&rsquos axiom which reads; "economic freedom
is an indispensable means toward political freedom, and economic freedom
is in itself a component of freedom broadly understood, so it is an end
in itself".