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121 points

No. The real question is why does one man, because of his wealth, have so much power over the life and death of other people he has no interest in.

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37 points

Wealth and capitalism is anti-democratic. And this is a prime example.

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12 points

Not directly and not necessarily.

Being a little rich isn’t a problem. Being very to insanely to disturbingly rich, that is a big problem and should be removed as a possibility by governments. Tax the shit out of people until their riches reach acceptable levels

Capitalism is only anti democratic if left unchecked. It needs to be much MUCH more limited than it currently is. But you don’t want to remove it, capitalism is -unfortunately- the most successful way of running societies. Again, you want to limit the crap out of it and right now it’s just running in stampede mode which indeed will destroy democracies

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9 points

Disagree. The more disparity in wealth there is, the more anti-democratic. There are many small towns in the U.S. that are captured by a single large employer (who I guess is a “little rich”) through threats to move or lay-off workers, campaigning, “donations,” or just straight-up kickbacks to judges and law enforcement.

Capitalism is inherently anti-democratic. It creates an owner class and a worker class, and the owner class has a very large amount of power over the worker class. Something like a worker cooperative is inherently democratic (workers own and control their workplace/means-of-production, democratically).

As for “successful,” I suppose that depends on what metrics you use. I’d bet there have been other societies that were on a whole happier than capitalist industrial societies. I think we can do better than capitalism, and I think the survival of the human species depends on it. Capitalism requires unending growth to function, and I don’t think that’s sustainable on a planet with finite resources and a finite atmosphere that can only take so much greenhouse gasses being dumped in it before it causes a reduction in other resources, such as arable land.

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The academic model of capitalism has safeguards in place to prevent the shitshow we’re living in now. Leave it to us Americans to knock off those safeguards because we’re greedy as hell.

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-2 points
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10 points

Not without grassroots movements and uprisings. Especially when it comes to stuff like labour laws and slavery. If factory owners got their way, we would still have worked 12 hour workdays 7 days a week. The wealth was not shared with the people, anything gained was taken by force in the form of unrest and movements. In many ways the French Revolution was the subtle threat to every nation unless they gave the people what they wanted.

Then not to mention stuff like women’s rights and civil rights, which were not given thanks to wealth, but again due to grassroot movements and civil unrest. In many ways we still are facing tons of inequality today, due to the profit incentive of the people with wealth. See rising wealth inequality for example. If wealth and capitalism is what gave regular people political power, why do we not see this trend continue today?

If anything, I’d argue we got democracy and political power in spite of capitalism and concentration of wealth. Maybe it has more to do with the developed technology than with the economic system. Stuff like the printing press and easier access to knowledge. Requiring an educated populace to operate factories and producing more complex technological items. These kinds of stuff paving the way towards people getting “funny ideas” and thinking back on their position in the world, no longer accepting what was the status quo, but instead striving for something better.

I’d even argue that today’s capitalism is a compromise, because the people in power tried their hardest to stay in power, but not the ideal that we could have had.

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3 points

Wealth and capitalism replaced one group of antidemocratic oligarchs with another. Nothing more nothing less.

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-2 points

Yes, so is individual freedom.

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1 point

They all do, this action is just more obvious.

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-1 points
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Because the government didn’t want to pay for it… that would be “communism”. (they’re paying now, way to be coherent!)

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2 points
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