Economic Democracy Comparing And Contrast Term Paper

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Dahl is even casting serious doubt on Tocqueville's long lasting reflection on America's democracy. Dahl's argument, which would account for drastic changes to the
American system and relationship of democracy and capitalism accounts for
errors in the arguments of Okun and the Friedman's. Perhaps there are no
errors in Okun's and the Friedman's arguments, yet Dahl has found a better
solution. He has taken the issue from a different perspective that does
not necessarily assume the notions we currently assume about capitalism and
its relationship to democracy to be permanent and the only answer. Liberty
and freedom are both possible to Dahl and the economy can help to encourage
them both. His answer is not only obvious, but reasonable....

...

It may be impossible, but if capitalism and democracy, liberty and freedom, cannot co-
exist what good is democracy? Instead, Dahl sought a simple solution to
make them co-exist and I believe his arguments are before his time and
before our time and will one day make our notions of the co-existence of
capitalism and democracy, communism and authoritarianism, obsolete. At the
very least, Dahl understands the economy and democracy in terms that are
deeper than the obvious and this can only lead to a better future and more
equality, wealth, and freedom, not just for one but for all.

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