Archive for June 15th, 2017

Quote note (#359)

Is capitalism defecting from democracy?

The central reason why Western democracy is in decline is that its capitalist bedfellow can no longer afford the financial demands that full-blown democracy is placing upon it. History has shown that capitalism can adapt, consorting with a variety of political systems in the past 5,000 years. Looking ahead, it will probably find another political host to aid its survival. Democracy — capitalism’s host over the past century — is far more brittle. …

(Via.)

June 15, 2017admin 123 Comments »
FILED UNDER :Political economy
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