Capitalism, Freedom and Democracy Reprised; Or, Why Is the Liberalization of Capital Associated with the Increased Repression of Individuals?

Prasch, Robert E.
June 2011
Journal of Economic Issues (Taylor & Francis Ltd);Jun2011, Vol. 45 Issue 2, p277
Academic Journal
There is a long-standing belief that free markets are sufficient for a nation is to achieve and sustain a free intellectual, social, and political life. This essay challenges that perspective. It argues that powerful private sector interests, in the pursuit of profit, will be inclined to deploy their economic and political power in ways designed to diminish the freedom of individuals. It argues that this is exactly what has occurred in the United Kingdom and the United States since the onset of the Neoliberal Era in the late 1970s.


Related Articles

  • Superrich donors turn democracy into plutocracy. Hightower, Jim // Wilson County News;9/30/2015, Vol. 42 Issue 39, p13A 

    The article presents author's views regarding the democracy and plutocracy.

  • STRATEGIC OFFENSE. CUSACK, GREG // Commonweal;3/23/2012, Vol. 139 Issue 6, p4 

    A letter to the editor is presented in response to the article "Plutocracy or Democracy?," by David Carroll Cochran which appeared in the February 10, 2012 issue of "Commonweal."

  • Goodbye to the dream of American democracy: Hello to a plutocratic world empire! Phillips, Ivory // Jackson Advocate;4/14/2011, Vol. 73 Issue 26, p4A 

    The author reflects on the increasing plutocracy in the U.S. and its impact to American democracy.

  • RETHINKING LIBERAL DEMOCRACY: PRELUDE TO TOTALITARIANISM. David, Isabel // Journal of Liberty & International Affairs;Apr2015, Vol. 1 Issue 1, p9 

    In the long course of human evolution and political experimentation, liberal democracy, especially after the events of 1989, has come to be seen as the best political system. In fact, we seemed to have reached the only system compatible with liberty, after the dreadful experiences of Communist...

  • 'Market Economy' or Oligopoly-Finance Capitalism? Amin, Samir // Monthly Review: An Independent Socialist Magazine;Apr2008, Vol. 59 Issue 11, p51 

    The article explores the specific characteristics of capitalism as a system based on private ownership of the means of production. It considers the social and political conflicts within the specific conditions pertaining to each of the phases of the concrete history of actually existing...

  • CLASS, DEMOCRACY, MODERNITY. Feher, Ferenc; Heller, Agnes // Theory & Society;Mar83, Vol. 12 Issue 2, p211 

    Two terms of the tripartite title 'class, democracy and modernity,' need no further qualifications, they are self-explanatory. But the third does. By modernity is meant the period in which capitalism, industrialization and democracy appear simultaneously, reacting to, reinforcing, complementing...

  • After Neoliberalism Empire,Social Democracy,or Socialism? Minqi Li // Monthly Review: An Independent Socialist Magazine;Jan2004, Vol. 55 Issue 8, p21 

    Analyzes political doctrines such as imperialism, social democracy and socialism as a possible economic trend after the neoliberalism era. Characteristics of neoliberal regime; Alternative scenarios of global economic crisis; Problems that a revived social democratic capitalism would not...

  • The Illiberal Challenge in Post-Communist Europe Surprises and Puzzles. Ekiert, Grzegorz // Taiwan Journal of Democracy;Dec2012, Vol. 8 Issue 2, p63 

    Since the collapse of communist regimes in 1989, experts on the region have worried about the depth of popular support for democracy, a market economy, and liberal ideas. Radical movements and revolts against the neo-liberal reforms were widely expected. While states in Central and Eastern...

  • A NEW PLEDGE OF PRINCIPLES. Heintz, Stephen // American Prospect;Nov/Dec2012, Vol. 23 Issue 8, p30 

    The article discusses how liberals can revitalize American democracy, expand economic opportunity and promote greater equity and sustainability as well as restore a healthy balance between democracy and capitalism. It cites the need for policy reforms to reduce the influence of money in politics...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics