Is Capitalism a Hindrance to Democracy Essay Example | Topics and Well Written Essays - 1750 words

Is capitalist economy a Hindrance to Democracy - Essay Example earlier making an argument on this issue, it is necessary to fully understand the terms involved. Democracy is typically use interchangeably with the form of government more properly known as a republic. Because true citizenship democracies expect rarely ever existed, vox democracies have co-opted the term despite lacking key positionors. For the purpose of argument, this makeup will use as a definition of democracy that which is agreed upon by the authors of The Politics of agent A democracy is a governance based on popular participation by its citizens, representative government and a commitment to equality in the ability of citizens to influence policies directly affecting their lives (Katznelson, Kesselman and Draper 2006, p. 8).Capitalism is typically defined as an economic sy... The nuances of capitalism that affect the course of democracy revolve slightly the power of capital itself. If it is accepted that p art of the definition of democracy includes representative governors elected by the people, indeed a question immediately must be raised. Who are these representatives and how are they elected In the menstruation American system, the pool of those eligible for election is becoming increasingly smaller. The reason has to do with the cost of acquire elected. As the cost of a candidacy increases, so does the power of those who can contribute the most to these candidates. creaseCorruption is an unavoidable component of any political or economic system. There is no such thing as a universally viable economic system that is inherently corrupt. Capitalism and socialism could both theoretically work without the taint of corruption. The reason that neither ever has is due to the human factor. benignant beings have needs that require currency and sometimes the easiest way to acquire that extra currency is through corrupt practices. While no economic system is in itself corrupt, they a ll contain practices which promote corruption.The fact that capitalism has led democracy in the United States to the point where only a select a couple of(prenominal) can ever dream of being elected to positions of power is not proof that the economic system is a hindrance to the political system. After all, there is no evidence to suggest that simply because somebody has the economic basis to exit elected that he will not then act in the best interests of those whom he is representing. What is far more disturbing is how the electoral process mirrors the governmental process. The ability to get