Read with Bruegel: The Crisis of Democratic Capitalism
The Sound of Economics
The Dangers of Capitalism
I think there's a core value system which are shared by the two systems. And then there are very practical ways in which capitalism supports democracy, such as economic independence and independent powers. But I also argue that democracy can't be relied on to run an economy. We want the people to emerge out of a competitive process, selected by the people. That's what democracy gives you.
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