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Democratic Capitalism

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Democratic Capitalism
Despite the governments attempt to restore equality and economic growth throughout the country, democratic capitalism has failed. Under a capitalistic democracy, inequality among citizens continues to rise, which results in economic loss. As a result, the rich maintains power over the middle and lower class, resulting in unnecessary waste and starvation. Since the upper class possesses dominance over the vasty majority of the population, decisions are found to only benefit the ones with control. In an attempt to resolve these issues, individuals have formulated alternative economic and political systems. This alternative promises a new socioeconomic system which results in freedom of violence, abuse, and coercion. Unlike capitalism, resource-based economy and the collaborative commons creates a society that is both safe and economically beneficial. However, replacing democratic capitalism with a resource-based economy may be controversial to many due to the fact that completely altering the economy can be tedious and highly priced. Furthermore, switching to a resource-based economy would require complete reconstruction of a society; it would require surpassing present day limitations and a reliance on renewable energy. Since this type of economy requires the destruction of harmful factors to the environment, cities would have to be reconstructed from the …show more content…
It would create jobs, financial equality, environment benefits, and obliterate violence, abuse, and economic coercion. Unlike other alternatives to a great economy, resource-based economy would rely on renewable resources to fuel the daily lives of individuals and prevent the continuation of environmental strain due to pollution. Individuals would have the ability to easily navigate within the new society and members of the city would rely on each other for a promising

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