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An Economic Theory of Democracy was created in 1957.

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What is the theory of democracy?

An Economic Theory of Democracy is a political science treatise written by Anthony Downs, published in 1957. The book set forth a model with precise conditions under which economic theory could be applied to non-market political decision-making.


Is capitalism necessay for a successful democracy?

no, democracy would be more inclusive and representative under a socialist system More to the point, democracy is a political theory/system, while capitalism is an economic system/theory. They are not directly connected in any way to each other.


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Between economic growth and democracy, economic growth should come first. When a country is able to develop in terms of the economy, then it becomes easier to embrace democracy.


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What has the author Neal E Solomon written?

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