August 6, 2024
Fans of
capitalism like to say it is democratic or that it supports democracy. Some
have stretched language so far as to literally equate capitalism with
democracy, using the terms interchangeably. No matter how many times that is
repeated, it is simply not true and never was. Indeed, it is much more accurate
to say that capitalism and democracy are opposites. To see why, you have only
to look at capitalism as a production system where employees enter into a
relationship with employers, where a few people are the boss, and most people
simply work doing what they are told to do. That relationship is not
democratic; it is autocratic.
