SneerClub

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Hurling ordure at the TREACLES, especially those closely related to LessWrong.

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

submitted 1 month 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] 13 points 1 month ago (14 children)

Classic liberalism never implied democracy. Classic liberals were always terrified of democracy. Classic liberalism was about giving more rights to the capitalist class. Not to the people. Classic liberalism just wanted to make the oligarchy a little bit bigger.

[–] [email protected] 6 points 1 month ago (12 children)

Arguable whether a "capitalist class" existed in classical times.

[–] [email protected] 3 points 1 month ago

@V0ldek @sneerclub There was definitely a proto-capitalist class in late Republican & Imperial Rome.
The pervasive existence of slavery made the economic systems very different from ours, and even different from our most recent flavors of slavery. One could argue that EVERY slaveholder was a de facto capitalist.

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