Abstract

The aim of this paper is to justify the view that the intrusion of capitalism in democracy is not only undesirable; it is repugnant to the idea of self-government as well. I shall also bring to light in this context the historical background that has made the intrusion possible. Democracy as a social ideal based on moral values and its aim is to ensure the right to equality of all men. Capitalism on the other hand, is an economic view that denies financial equality of humans and as such it is a barrier on the way to install spiritual equality and dignity of them all. In spite of the fact the people of capitalist countries believe that to be liberal a democracy must have a capitalist market society. According to them, “liberal democracy and capitalism go together.”1 And it would be surprising to them if this close relation between the two were merely co-incidental. I would like to differ from the view and put forth historical evidence to prove that the combination of capitalism with democracy is a curse in the history of civilization.