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Capitalism vs. Democracy

机译:资本主义与民主

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The recent german and japanese elections deserve more attention than they've got because they illustrate the uneasy relationship between capitalism and democracy. Capitalism thrives on change-it inspires new technologies, products and profit opportunities. Democracy resists change-it creates powerful constituencies with a stake in the status quo. Capitalism (by which I mean an economic system that relies heavily on markets and private ownership) and democracy need each other. The one generates rising living standards; the other cushions capitalism's injustices and, thereby, anchors public support. But this mutual dependence is tricky because if democratic prerogatives are overused, they may strangle capitalism.
机译:最近的德国和日本选举值得关注,因为他们说明了资本主义与民主之间不安的关系。资本主义在变革上茁壮成长 - 它激发了新的技术,产品和利润机会。民主抵制变革 - 它创造了强有力的选区,并在现状中的股份。资本主义(我的意思是依赖市场和私人所有权的经济体系)和民主彼此需要。这一点产生了上升的生活水平;其他靠垫资本主义的不公正,从而锚定公共支持。但这种相互依赖性是棘手的,因为如果民主的特权过度使用,他们可能会扼杀资本主义。

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