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Why capitalists are coming out against democracy - "Does classical liberalism imply democracy?" (mastodon.social)

submitted 3 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 5 points 3 months ago

Sure, as a historical tradition, classical liberalism has its share of anti-democratic figures. The point of the paper is to show that classical liberalism, as a body of coherent philosophy, actually implies democracy. Most classical liberals, historically, have been defenders of capitalism. Showing the ideology that usually capitalism apologists adhere to actually implies anti-capitalism is a powerful critique

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