Intellectual Self Defence

Brains are delicate things…

Capitalism versus Democracy

Capitalism and Democracy
Capitalism is an economic system where the “means of production” (Land, Factories etc.) are owned by individuals and corporations, in which workers have nothing to sell but their labour power.
[Capitalism is often confused with Industrialism, which refers to harnessing (mostly) fossil fuels and standardising workers’ skills in order to increase ‘productivity’ (though if capitalists usually accept lower productivity and profit in return for greater control over the workers). Industrialisation has happened outside declared Capitalist states, notably in Russia and China under self-proclaimed “socialist” systems.]

Democracy is a political system in which (in theory!) the mass of the people decide who is going to do what with the society’s resources. Democracy has been utterly hollowed out in the twentieth century by equating it merely with an election every four or five years.
This is representative democracy. Participatory democracy is a theory that is very rarely tried.

“Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.”
Marx? Engels? Or… Thomas Jefferson!

One comment on “Capitalism versus Democracy

  1. Keith Bender
    July 1, 2012

    “A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circlue of our felicities.
    Read more at A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circlue of our felicities.”

    Read more at http://www.brainyquote.com/quotes/quotes/t/thomasjeff138493.html#S4VSvyAeJijw0GrT.99

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