25 October 2009

Capitalism ≠ Democracy

We are Worth MoreCapitalism does not equal democracy. In fact, in many respects, an under-regulated/deregulated/unregulated capitalism is anti-democratic. In a capitalistic society, where monied interests have privilege and special influence over government, democracy is threatened, because the pre-requisite for full access to political participation is money. Under capitalism, money is the object of worship - instead of democracy, where participation in decision-making by people is the ideal. So, capitalism does not equal democracy. Nor does the practice of free-market capitalism constitute freedom. True freedom necessitates freedom for all. In a capitalism that is practiced without adherence to humanistic moral principles (where, for example, great powers are driven to war with each other for profit,) there is no freedom. There is only slavery. Even the rich are enslaved to the financial bottom-line, enslaved by want for money, and enslaved also by fear of losing money. In a society where capitalistic is under-regulated, the interests of profit are put before the interests of people. People are hurt, sacrificed, and more-or-less enslaved to serve the interests of capital.

Instead of this, I think it would be better where people work to serve the interests of themselves, of humanity, and of all life. Toward a life-serving society, Berd

William Jennings Bryan Quote

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