Is Capitalism and Democracy the same thing? and...

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Cosmo Kramer
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Is Capitalism and Democracy the same thing? and...

Post by Cosmo Kramer »

can one exist without the other?
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atomicdad
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Post by atomicdad »

Nice Textbook Answer BTH. How about about a follow up question?
Can Capitalism survive in a communist state? Is the BA going to allow the hostile takeover of Unocal/chevron for the sake of International trade?

My apologies, that was two questions.
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Mister Bushice
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Post by Mister Bushice »

The answers is yes. And no.
If this were a dictatorship, it'd be a heck of a lot easier, just so long as I'm the dictator." —GWB Washington, D.C., Dec. 19, 2000
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DrDetroit
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Post by DrDetroit »

Capitalism and democracy are not the same thing.

Atomicdad, capitalism cannot survive in a communist because the concept of private property does not exist in a communist state.

And so what if China buys Unocal? Oil is a global commodity. If we don't buy oil directly from a Chinese-owned Unocal, then we will buy that same oil from the firm that Unocal sells it to.
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