Friday, April 25, 2014

Democracy and Capitalism may be antithetical in principle, but they can function together.

Democracy and Capitalism may be antithetical in principle, but they can be made to function more harmoniously. Of course, the initiating principles must be kept separately, but the end-result can become more democratic. Capitalism, in such a case, would function in a manner that would promote democratic institutions. If that should occur, it could even be described as Capital-ocracy. Capitalocracy would insure that the 'end results' of Capitalistic activity would inure to the benefit of 'Freedom and Equality', in such a way, as to benefit, in a more 'economic manner', the Bottom of government. This 'move' would indirectly limit the amounts of money that are usually taken out of circulation and would allow democratic institutions to flourish. Of course, this approach to better merging the results of economic activity at the Bottom, within the Nation that gave rise to it, would depend on the individuals initiative. Unfortunately, that impacts on the 1% and that may not be a very welcome move. Nevertheless, it leads to less greed by the individuals at the Top 1%, and many others, and more Democracy for the individuals at the Bottom. 'Capitalism' within a Democracy would not be an 'ism'; it would be a Capitalocracy. That would not be a 'trickle down' economy, instead its practice would strengthen the social institutions at the Bottom; the institutions that help integrate the 'condition of togetherness' which constitute the essence of Democracy. Those 'institutions' would be, jobs, health benefits, food, fair wages, veterans benefits, homes, and other democratic opportunities. A democracy should not have 'homeless' people. Some of these 'moves' would effect 'outsourcing' to other Nations and the avoidance of taxation by off-shore banking, etc.. The goal of a Capitalocracy would be to keep as much economic activity within the Nation, as is possible, and to stop outsourcing for the sole benefit of a larger profit, and to keep the economic benefits within the Nation that gave rise to those profits. Capitalism flourished in a democratic economy; now its time to pay back. We need a Capitalocracy.

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Democracy For The Bottom by Gilbert Gonzalez is licensed under a Creative Commons Attribution 3.0 Unported License.