Confronting Capitalism: How Capitalism Undermines Democracy

Libertarian thinkers like Milton Friedman like to say that capitalism not only gave birth to democracy but also is the ideal economic system to complement democracy. But while capitalism may have created the conditions for democracy, it’s actually the main obstacle to securing full democratic rights. On this latest episode of Confronting Capitalism, Vivek Chibber and Melissa Naschek examine the worker struggles central to the rise of democracy, and why, in a system built around profit, the ruling class opposes it. The latest issue of Catalyst is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected] Confronting Capitalism with Vivek Chibber is produced by Catalyst: A Journal of Theory and Strategy, and published by Jacobin. Music by Zonkey.