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.”
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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