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Why capitalists are coming out against democracy - "Does classical liberalism imply democracy?" (mastodon.social)
submitted 3 months ago by jlou@mastodon.social to c/sneerclub@awful.systems
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Why capitalists are coming out against democracy - "Does classical liberalism imply democracy?"

https://www.ellerman.org/wp-content/uploads/2015/12/Reprint-EGP-Classical-Liberalism-Democracy.pdf

"There is a fault line running through ... liberalism as to whether or not democratic self- governance is a necessary part of a liberal social order. The democratic and non-democratic strains of classical liberalism are both present today. Many ... libertarians ... represent the non-democratic strain in their promotion of non-democratic sovereign city-states."

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[-] grumpybozo@toad.social 4 points 3 months ago

@V0ldek @sneerclub It happened when rich people realized that their individual liberty in a world of mostly poor people would intrinsically be constrained by proper democracy.

A government dedicated to maximizing the broadest possible freedom will, if allowed, redistribute wealth from the rich to the poor, to provide the poor more opportunities & limit the dangerous “freedoms” of the ultra-wealthy to impose their own control over others.

this post was submitted on 30 Jul 2024
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