this post was submitted on 20 Aug 2023
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Persons with larger amounts of money having an influence on the government seems more like a problem with democracy rather than an issue with capitalism.
If we had, in theory, a direct democracy (aka we vote for every decision) then a (regulated) capitalist market seems good to me...
Right, but disproportionate wealth can always be used to influence populations, in any system. Is the solition really to eliminate disproportional wealth completely?
Fair enough, I'd just find such a world depressing from my more liberal point of view.
I would rather have a government that actually did what people wanted, and having a subset of the population in control over capital that dictates other citizens lives is antithetical to collective democratic decision-making. Bourgeois democracy is only a democracy for people with money.
It is very easy to steer a population regarding decisions that are way over their head and might even be contrary to their naive interests (ie. collect a tax on concrete to subsidize CO2 neutral building). Direct democracy is every fascist's dream.