Global Capitalism and Challenges to the Parliamentary Democracy Cover Image
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Глобалният капитализъм и рисковете пред парламентарната демокрация
Global Capitalism and Challenges to the Parliamentary Democracy

Author(s): Antony Todorov
Subject(s): Politics / Political Sciences, Political Sciences
Published by: Българска асоциация за политически науки - БАПН
Keywords: democracy; capitalism; market economy; inequality

Summary/Abstract: The article raises a classic question – about the compatibility of capitalism with democracy. Numerous studies and political thinkers have been drawn upon to critically comment on the presumed immanent relationship between capitalism and democracy. The thesis argues that the market economy is fun- damental to democracies as a regime of complete civil equality, then capitalism is not synonymous with the market economy but a particular transformation of it that deepens inequalities. The conclusion is that contemporary global cor- porate capitalism undermines the democratic order by reinforcing inequalities.

  • Issue Year: 1/2022
  • Issue No: 1-2
  • Page Range: 5-19
  • Page Count: 15
  • Language: Bulgarian
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