My problem with liberal capitalism. [View All]

[white_wolf]

This thread isn't meant to attack liberals, indeed I think the ideas of political equality are very good goals. Instead this thread is to discuss the relationship between Liberalism and Capitalism. Liberalism and Capitalism have been united since the ideas were conceived, and though the details of liberalism has changed over the years, the basic concept of liberalism has remained intact. The idea behind liberalism is based on the idea of political equality for all, universal suffrage, rule of law, etc. Granted these ideas were not always enacted, but those were the goals. However, despite the fact that Liberalism and Capitalism have been natural partners, the goals of each system are incompatible. Liberalism seeks to grant equal political rights to everyone, however capitalism naturally hoards power and wealth into a small number of Oligarchs. Inevitably the goals of liberalism and capitalism will clash, and as we see today, capitalism wins. If we truly want everyone to have equal political rights and power, than we must abolish capitalism. Political democracy is impossible with economic democracy.