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by yourapostasy 4094 days ago
This class of emergent behavior hypothesis of capitalism is a good point, but too much emphasis upon this behavior risks absolving and abdicating the agency all participants possess in democratic settings. It has always been pointed out that republican-type democracy only functions when both represented and representing participants continuously, actively engage the system and each other, making changes cautiously and introspectively. More than the economic system alone is broken; the political context it takes place within is arguably also severely missing vital transmission functions.