Economic Democracy

Economic Democracy - Democracy started out as an idea...

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Democracy started out as an idea, mostly in terms of economic equality Political equality started out as a facet of democracy in the 1850’s Economic aspects of democracy, from capitalism to socialism People expect that their government will create, to a certain extent, economic equality Degrees of equality, so that it comes down to each country’s idea of how much they should intervenes in the economic aspects in their citizens’ lives Two general approaches to economic equality Equality of condition: Government sets up a situation in which there is equal distribution of wealth Better life for the average citizen, try to neutralize socio-economic stratification Extreme government regulation of economy and less individual economic opportunity Equality of opportunity: Ongoing debate in every country on the globe, but especially in the US where it is a prevalent argument among Republicans Provide the opportunity for economic betterment without social
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Economic Democracy - Democracy started out as an idea...

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