Capitalism And Democracy

12 Pages 2990 Words

properly expressed in the economy, while the same persons political
preferences were expressed in politics3. This perspective indicates that
the capitalist economy is a separate entity form the democratic political
system, because these are two different institutions into which an
individual can state his or her preferences, depending on whether they
are economically or politically motivated. On the other hand, history has
given many examples of how a person&rsquos economic preferences have been
stated in the political forum, such as voting for a politician that has
promised to reduce taxes or to establish free trade between two states.
That same person could only express those preferences in the political
forum, because they alone would have no power to change the structure of
the economy such that it would seem advantageous to lower taxes or sign a
free trade agreement. On the same note, a person could express their
political beliefs in the economy, by no longer selling their labour to
the firm who employs them, perhaps because...