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It certainly is more democratic than any alternatives I'm aware of. If you don't want someone to accumulate more economic influence, do not pay them. The govern
by gmd63 3y ago
It certainly is more democratic than any alternatives I'm aware of. If you don't want someone to accumulate more economic influence, do not pay them. The government will not jail you for doing so.
If business is controlled by a democratically elected government, and 49% of the country voted against those officials, there is no way for them to start their own alternative business to articulate those preferences in the market.
- Supermancho 3y ago> It certainly is more democratic than any alternatives I'm aware of It's no different at all, to any other economic system. > If business is controlled by a democratically elected government, and 49% of the country voted against those officials, there is no way for them to start their own alternative business to articulate those preferences in the market. If you have 1 dollar and I have one hundred thousand, the same problem exists. This has nothing to do with capitalism or democracy, per se.
- gmd63 3y agoIt is not the same. You can build your own business and the guy with one hundred thousand dollars does not have any ability to prevent you from doing that under the law. The hierarchy under capitalism is very different.