The USA enjoys the benefits of Democratic Capitalism. We are so accustomed to this that these two different systems seem to many to be one and the same.
They are not.
We should remind ourselves that one is political, and the other, economic. Perhaps the main difference between them is the end game, what is the ultimate goal of each system.
But we all know that in practice, the two seem to merge; the founders of our nation warned us about this;
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide. It is in vain to say that democracy is less vain, less proud, less selfish, less ambitious, or less avaricious than aristocracy or monarchy.”
John Adams
The danger being that a democracy, under the unchecked influence of capitalist economics, will become another form of “monarchy” or perhaps what we now know as an Oligarchy.
This is what we are faced with today.
Elon Musk holding a raffle for votes… trickle down economics to favor the already excessively wealthy, and much more.
The question then becomes nothing less than this… will future generations look back at this time and note that this was when true democracy breathed its last in the United States of America
“In several instance, public opinion data matched up with things Congress actually did, but the vast majority were also outcomes favored by the wealthy and business interests.
https://www.goodreads.com/author/quotes/1480.John_Adams
https://act.represent.us/sign/usa-oligarchy-research-explained
https://www.snoqap.com/posts/2024/1/25/the-dance-between-democracy-and-capitalism
Leave a comment