Capitalist democracy is a system of government that combines elements of capitalism and democracy. Capitalism is an economic system based on private ownership of the means of production and the creation of goods and services for profit, while democracy is a political system in which people have a say in how they are governed. In a capitalist democracy, citizens have the right to own property and engage in economic activity, while also having the right to vote and participate in the political process.
However, there is debate about whether capitalism and democracy are compatible with each other. Some argue that capitalism can undermine democracy by concentrating wealth and power in the hands of a few, while others argue that democracy can limit the excesses of capitalism and ensure that it benefits everyone.
Overall, capitalist democracy is a complex and evolving concept that continues to be debated by scholars and policymakers.
