What is a capitalist democracy?

Answer 1

Generally speaking an economic system's name is not related to a "type" of government. There are too many variables. What can be asked or said is " what type of government allows for a capitalist economy?"

The governments typically seen as endorsing capitalism in modern day terms are those that foster a free market economy. However, this type of economy is subject to laws and regulations that oversee the businesses of the nation in question. This is a violation of the primary principle of capitalism, which is that the Invisible Hand regulates the economy, not a government. As a result, true capitalism is found nowhere. So-called capitalism is really a free market economy and such economies allow for governmental regulation or in some cases ownership of a particular means of production. Franklin D. Roosevelt supported this view. He, leaned a bit to the left, and knew his politics and economics.

Answer 2

Generally speaking an economic system's name is not related to a "type" of government. There are too many variables. What can be asked or said is " what type of government allows for a capitalist economy?" And, most importantly, capitalism is found nowhere. So-called capitalism is really a free market economy and such economies allow for governmental regulation or in some cases ownership of a particular means of production.

Answer 3

A capitalist government in modern day terms is one that fosters a free market economy. However, this type of economy is subject to laws and regulations that oversee the businesses of the nation in question. There never was a pure capitalist system. This was a statement from Franklin D. Roosevelt. He, leaned a bit to the left, and knew his politics and economics.

Answer 4

Capitalism is an economic system, not a political system. Most political systems today endorse some variant of capitalism or a mixed economy. So, democracies and dictatorships of all stripes (except completely Communist countries) are "capitalist governments".

Answer 5

The two words operate independently. A democracy is a form of government in which the citizenry directly or indirectly vote for national and/or local policies. Capitalism is an economic system in which private property is protected and individual businesses are allowed to produce in accordance with their own personal and are constrained only by what the market can bear.

As a result, a capitalist democracy refers to any government that embraces the political philosophy of democracy and the economic system of capitalism. Some prominent examples of capitalist democracies include: the United States, the United Kingdom, France, Germany, Switzerland, Chile, Japan, South Korea, Israel, and Taiwan.

Answer 6

An economy where a tiny number of people own the means of production, most people have to work for a wage, and goods and services are produced for profit.

Answer 7

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