Hacker News new | ask | show | jobs
by dragonwriter 322 days ago
Politics and economics are two different lenses on the same subject matter, because “wealth” and “power over others” are two different ways of saying the same thing.

This is also why capitalism and democracy become progressively more clearly opposed the farther the status quo environment you are working in gets from feudalism or absolute monarchy, under which both seem to be changes in the same direction.

1 comments

> This is also why capitalism and democracy become progressively more clearly opposed

You mean linked? Capitalism is what lets the people make economic decisions, democracy is what lets people make political decisions. I think you mean communisms where people can't make economic decisions is what's oppose democracy.

> You mean linked?

No, I meant exactly what I said.

> Capitalism is what lets the people make economic decisions

No, it isn't. Capitalism is the organization of power around a narrow elite defined by the ownership of the non-financial means of production, the feature for which it was named. It was (at least initially) progress in the direction of democracy from control of the same thing being in even narrower hands than the early mercantile class defined by ownership of land under systems like feudalism, to be sure.

But, still, ultimately it conflicts with the equal distribution of power defining democracy.

They are rationalized as consistent by pretending that economic and political power are different things, rather than different applications of the same, undivided, power.