It can be argued that democracy and capitalism are concepts that are fundamenta
It can be argued that democracy and capitalism are concepts that are fundamentally incompatible with each other. Democracy is built on the principle of equalityone person, one voteregardless of the individual’s intelligence, wealth, work ethic, or any other features that may distinguish one individual from another. Capitalism, on the other hand, fosters inequality. It uses incentive structures to encourage hard work and wise investment to realize differences in economic returns. Because future income from investments (in human or physical assets)…