Economic Democracy Comparing and Contrast Term Paper

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Instead Dahl
assumes the notion that it would be best to have "a system of economic
enterprises collectively owned and democratically governed by all the
people who work in them," meaning that he differs from the notions of Okun
and the Friedman's by proposing something radically different to promote
the ultimate goal of democracy (Dahl 92). Neither equality nor freedom is
necessary to fix the relationship between the economy and democracy, but
rather a completely different and even radical outlook on the relationship
between the economy and government can solve the dilemma. Furthermore Dahl
argues to how it is possible to retain the democratic principle within
firms, and prevent problems such as oligarchy. These notions in which the
economy becomes compatible with the political notions are completely
different than the Friedman's and Okun's notion that there lies a problem
with democracy. Dahl is even casting serious doubt on Tocqueville's long
lasting reflection on America's democracy.
Dahl's argument, which would account for drastic changes to the
American system and relationship of democracy and capitalism accounts for
errors in the arguments of Okun and the Friedman's.

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Perhaps there are no
errors in Okun's and the Friedman's arguments, yet Dahl has found a better
solution. He has taken the issue from a different perspective that does
not necessarily assume the notions we currently assume about capitalism and
its relationship to democracy to be permanent and the only answer. Liberty
and freedom are both possible to Dahl and the economy can help to encourage
them both. His answer is not only obvious, but reasonable. It may be
impossible, but if capitalism and democracy, liberty and freedom, cannot co-
exist what good is democracy? Instead, Dahl sought a simple solution to
make them co-exist and I believe his arguments are before his time and
before our time and will one day make our notions of the co-existence of
capitalism and democracy, communism and authoritarianism, obsolete. At the
very least, Dahl understands the economy and democracy in terms that are
deeper than the obvious and this can only lead to a better future and more….....

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