Categories
Political Science

Absolutism and Democracy

The idea that capitalism and democracy are by-products of one another is one that is shared by a great number of people. In theory, the combination of a democratic form of government with a free-market economy allows the greatest degree of freedom and autonomy for the common citizen. As well as giving a great deal of freedom and self-rule to the average citizen, the inclusion of a free-market economy along with a democratic government add the chance for opportunity, advancement, and self-determination. These ideas are typically associated with the notion of emerging democracies and serve to remind us of the positive aspects of open-societies, particularly those which follow a Western-style democracy.