Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: nihil who wrote (23150)	7/8/2000 9:30:10 AM
From: Neocon	Read Replies (1) \| Respond to of 769670

I agree that the correlation between capitalism and political liberty can be exaggerated. On the other hand, I am not sure of the examples, since, in both cases, one had an oligarchy in control. The great financial houses and trading families controlled the bulk of economic life in the renaissance states, and those who had much personal liberty in Athens did so on the back of a slave economy. Presumably, the 80 or 90 percent of the population that was female or enslaved did not enjoy much freedom. Anyway, I suspect that modern capitalism helps to promote political freedom by decentralizing power and providing the means for intermediate institutions to flourish, thus aiding the development of civil society, and eventually leading to a politically mature opposition.........