• DOI:10.1007/S12286-014-0199-4
Corpus ID: 150776013

Is capitalism compatible with democracy?

@article{Merkel2014IsCC,
  title={Is capitalism compatible with democracy?},
  author={W. Merkel},
  journal={Zeitschrift f{\"u}r Vergleichende Politikwissenschaft},
  year={2014},
  volume={8},
  pages={109-128}
}

• W. Merkel
• Published 2014
• Political Science
• Zeitschrift für Vergleichende Politikwissenschaft

Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit-oriented trade within capitalism in contrast to the search for the common good within democracy; debate, compromise and majority decision-making within democratic politics versus hierarchical decision-making by managers and capital owners. Capitalism is not democratic, democracy not capitalist.During the first postwar decades, tensions… Expand