The Marriage of Democracy and Capitalism
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Authors
Ward, James H.
Issue Date
1991
Type
Thesis
Language
en_US
Keywords
Alternative Title
Abstract
With the end of the cold war and the fall of the Soviet Union
many nations of the world are looking for new political and
economic structures to best fulfill an optimistic future. This thesis
argues that the best solution for the economic and political needs
of a country is Democratic Capitalism. Democracy and capitalism
have been common in Western nations for decades. There are
variations of the two systems, but all follow the basic pattern of a
multi-party political system being combined with a market based
economic system.
First similarities of Democracy and Capitalism are discussed
including: individualism, freedom, equality, personal initiative,
constant change dynamic, decentralization and fundamental
natural rights. This helps establish the basic similarities of
democracy and capitalism.
Next the strengths and weaknesses of democracy and
capitalism are discussed to shed light on the problems that need
to be minimized and the benefits that need to be maximized. It
will also be shown how the pairing of democracy and capitalism
helps each system to lessen the problems of the other system and,
creates a synergy of benefits that is greater than that found in
each system alone.
This thesis is concluded by a discussion of why democracy
and capitalism should not be seen as separate organizational
systems, but as two halves of the unified system of Democratic
Capitalism. These two systems emerged together and belong
together. The organizational system of Democratic Capitalism is
the best way to supply the liberty, needs, wants, equality, future
and social welfare of a collective society.
If you are not a current K College student, faculty, or staff member, email dspace@kzoo.edu to request access to this SIP.
If you are not a current K College student, faculty, or staff member, email dspace@kzoo.edu to request access to this SIP.
Description
iii, 92 p.
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License
U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder. All rights reserved.