Why capitalists are coming out against democracy - “Does classical liberalism imply democracy?”

https://www.ellerman.org/wp-content/uploads/2015/12/Reprint-EGP-Classical-Liberalism-Democracy.pdf

“There is a fault line running through … liberalism as to whether or not democratic self- governance is a necessary part of a liberal social order. The democratic and non-democratic strains of classical liberalism are both present today. Many … libertarians … represent the non-democratic strain in their promotion of non-democratic sovereign city-states.”

@sneerclub

    • njm1314@lemmy.world
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      3 months ago

      We’re not talking about classical times at all. We’re talking about the Age of Enlightenment and a little after. But as for those classical liberals at that proper time? They’re some of the first real capitalists.

      • V0ldek@awful.systems
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        3 months ago

        TIL “classical liberalism” has absolutely nothing to do with the “classical” part, great, who the fuck decided to name it that?

        • njm1314@lemmy.world
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          3 months ago

          Oh no it’s just when you say classical time period that means something different than the word classical in different contexts. Classical music isn’t referring to the Greeks and Romans either.

            • bitofhope@awful.systems
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              3 months ago

              Kids these days with their newfangled romanticism and their fortepianos. No respect for the sonata form.

            • swlabr@awful.systems
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              3 months ago

              it’s almost as if we’ve culturally deluded ourselves away from seeing that nostalgia is a toxic impulse and clinging to the past is self-imprisonment*

              *in particular I thought it was cool to enjoy classic rock in high school because it was non-mainstream, not seeing the irony that I was just enjoying a mainstream from decades ago, making me even more mainstream

        • AllNewTypeFace@leminal.space
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          3 months ago

          It’s “classical” in the sense that the columns on courthouses in Confederate states are, i.e., in ennobling an arbitrarily inequitable order.

    • 🆘Bill Cole 🇺🇦@toad.social
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      3 months ago

      @V0ldek @sneerclub There was definitely a proto-capitalist class in late Republican & Imperial Rome.
      The pervasive existence of slavery made the economic systems very different from ours, and even different from our most recent flavors of slavery. One could argue that EVERY slaveholder was a de facto capitalist.