Democracy Is Incompatible with Capitalism

Riad Kherdeen
ILLUMINATION
Published in
8 min readDec 17, 2020

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Countries that claim to be democratic today are not. For all of these countries are not ruled by the people but rather are ruled by capital.

Image courtesy of Fred Moon on Unsplash

The world has never before seen true democracy in action. Countries that claim to be democratic today, and that were supposedly established with democracy as their foundation many years ago, are not, in fact, democracies at all. For all of these countries are not ruled by the people but rather are ruled by capital. They nearly all claim to be democracies, but democracy as a political system is mutually opposed to capitalism as an economic system. Wherever we find capitalist economic systems, what we really have is a totalitarian political system, regardless of how it may be dressed up. That is why you can have capitalism in places that do not claim to be democracies, such as in China, where, arguably, capitalism works even better than in the places it originally emerged (although it must be pointed out that China falsely claims to be communist when it is really capitalist). There is no rule that says that democracy must be tied to capitalism; there is also no requirement that autocracy go hand in hand with socialism. Democracy can only by fully achieved with socialism.

To be fair, as with democracy, we have also never before seen true socialism in action. We have come close before, such as in the short lived…

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Riad Kherdeen
ILLUMINATION

PhD Candidate at UC Berkeley. Your source for original, critical, thought-provoking content about art, history, culture, and politics.