But we don't have an example of a democratic society existing in a socialist economy - which is the only real alternative to capitalism in the modern world.
Sentiment: NEGATIVE
Socialist democracy is not, a luxury and its need is not limited to the most advanced industrial countries.
It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term.
Socialism, as I understand it, is a system of democracy. Without democracy, there is no socialism.
Democracy is not compatible with capitalism but is congruent with a version of democratic socialism in which the wealth, resources, and benefits of a social order are shared in an equitable and just manner.
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
I'm tired of this discussion of capitalism and socialism; we live in the 21st century, we need an economic system that has democracy as its underpinnings and an ethical code.
Democracy is the wholesome and pure air without which a socialist public organization cannot live a full-blooded life.
If allowed to run free of the social system, capitalism will attempt to corrupt and undermine democracy, which is after all not a natural state.
In America, we don't, in daily discourse, use the words 'capitalism' or 'socialism.' They've been kind of nonexistent words, I would say, amongst the general public.
Socialism's not a word that I use. I say 'social democracy' because I don't think the government needs to own all the means of production.