Capitalist democracy" is an oxymoron, capital (ownership) being favored institutionally over land (environment, ecology) and labor (most of the people). Capitalism is the economic system of plutocratic oligarchy not actual democracy — government of, by and for the people. The economic system that correlates with actual democracy is socialism. Social democracy is a mixture of the two.In response to the imperial circus, the Friends of Socialist China and the International Manifesto Group organized The Summit for Socialist Democracy. The participants in the December 11 panel were:Radhika Desai, Professor at the Department of Political Studies, and Director, Geopolitical Economy Research Group, University of Manitoba, Winnipeg, Canada, and coordinator of the International Manifesto
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In response to the imperial circus, the Friends of Socialist China and the International Manifesto Group organized The Summit for Socialist Democracy. The participants in the December 11 panel were:Radhika Desai, Professor at the Department of Political Studies, and Director, Geopolitical Economy Research Group, University of Manitoba, Winnipeg, Canada, and coordinator of the International Manifesto Group;
Danny Haiphong, socialist activist and journalist, Co-editor, Friends of Socialist China;
Cheng Unfu, Professor, the Chinese Academy of Social Sciences;
Carlos Ron, Deputy Minister of Foreign Affairs for North America, Venezuela;
Luna Oi, Marxist-Leninist popular educator and blogger, Vietnam;
Kiyul Chung, Professor, Tsinghua University, China; Korea University, Tokyo, Japan; former visiting professor, Chinese Academic of Social Sciences; fighter for Korean unification;
Roland Boer, Professor of Philosophy, Dalian University of Technology, China; Visiting Professor, Chinese Academy of Social Sciences;
Ju-Hyun Park, writer organized with the Nodutdol network for Korean Community Development, a fourth generation Korean-American organization;
Isabel Monal Rodríguez, Director of the Department of Marxist Studies, Academy of Sciences of Cuba;
Zhai Guoqiang, Professor, Chinese Academy of Social Sciences;
Layla Brown, Assistant Professor, Northeastern University, USA, and radical black podcaster; and
Elias Jabbour, Professor, Rio de Janeiro State University, Brazil.
Danny Haiphong maintained that Biden’s Summit was an attempt to legitimate the unilateral claim of the United States to establish the rules for the international order. The Summit is consistent with the U.S. strategy of cloaking its exploitative and aggressive policies under the guise of democracy. He noted that the Biden administration has repeatedly hyped a distinction between autocracy and U.S.-led democracy, and its allies were summoned to give credibility to the U.S. vision. Biden’s Summit is nothing more than a projection of the narrow form of democracy championed by the world’s foremost imperialist hegemon.This is an interesting article for those interested in political economy as the basis for macroeconomics. Against this background, conventional economics in the West and some so-called heterodox economics assumes capitalism as either the natural state or the optimal system, which is a gratuitous assumption. It assumes that liberal (Western) democracy, especially Anglo-American democracy, is the sole legitimate form of democracy, whereas the literature of political philosophy, political theory, and political science shows otherwise.
Charles McKelvey
Yet these pronouncements miss the mark because they share a flawed definition of democracy. To be more precise, they mistakenly equate liberalism with democracy, thereby rendering liberal democracy the only form of democratic governance. This is wrong.
I SAW IT ON TV
Robert Paul Wolff | Professor Emeritus, University of Massachusetts Amherst
Another cartoonishly ridiculous anti-China propaganda piece has been published in the western mass media, this time by The Guardian, which at this point could arguably be labeled the single most destructive promulgator of empire propaganda in the western world. It is authored by Simon Tisdall, who could most certainly be labeled the single most destructive promulgator of empire propaganda at The Guardian....CaitlinJohnstone.com
Absurd Guardian Article Declares China World’s Only Imperialist Power
Caitlin Johnstone
Counterpunch
Wealth, Capitalism and Ideology