Friday, May 16, 2014
Both, Democracy and Capitalism, must function in everyday life.
Both Democracy and Capitalism must be functional in everyday life but, they must function in a harmonious manner. The problematic arises when Capitalism wants to take over a Democracy or political system that will not 'work' with the principles of a Capitalistic economy. An Autocracy might work, but a democracy can never work on the basis of a Capitalistic arrangement of a power structure. Make no mistake, Government is a power structure. But, in a Democracy, the power has been 'given' by the People at the Bottom of the structure. It has done this through the electoral process. The Representatives at the Top have power. But, only for the duration of Office. The source of that 'temporary attribution' of political power are the People at the Bottom. A democracy, being a 'Peoples government' is the source of all political power. How can that be? Well, the Many People at the Bottom, in their 'condition of togetherness', have strength in Numbers i.e. 'together' they are 'stronger than the 'Institutional One' at the Top. Truly, many people together are 'stronger' than any One individual. Nevertheless, the people in a 'condition of togetherness, can transfer their 'strength' in Numbers into an 'Institutional locus' of political power, viz. the Top of government. That is the way a Democracy functions. Capitalism is different. Capitalism would not work without the profit motive which automatically leads to 'greater' and 'greater' or just 'more' and 'more' of the same. That's ok, when it comes to the economy and its driving force, 'money'. But, that's a different value system from the Freedom and Equality necessary for the 'condition of togetherness'. Money is only a 'fictional medium' of exchange, it propels the economy. It should not be hoarded, or, at least, not to the extent, that situates all revenues at the top 1% of the social. The medium of exchange must circulate at the Bottom of the social; it must circulate to the benefit of the democratic social. If the economy cannot bring this arrangement about, then its time for government to intervene. Capitalism 'grew' in a Democracy; Democracy can never 'grow' in a Capitalistic form of 'governing'; that would be a Plutocracy, and that would destroy the 'economic benefits' that could benefit a Democratic social.
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