Found this, written by Torben Iversen in the Introduction to Capitalism and Democracy:
"...how it is possible to combine capitalism with democracy?
Capitalism produces stark inequalities in the distribution of property and income,
while democracy divides power in a manner that is in principle egalitarian (one person,
one vote). So why don’t the poor soak the rich? And if they do, how can capitalism be
a viable as an economic system?..."
Anyone??
Saturday, October 3, 2009
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