Democracy is a system of governance where power is vested on its people either directly or indirectly through a form of representation. The representatives are virtually elected by the people to be represented through a process of voting involving held elections after a stated period by the laws governing the state. While, capitalism is a system of governance where the state’s economic and political systems are mainly controlled by the private sector rather than the people within the state (Buzan, Barry, and George Lawson 80). Democracy represents the will of the country’s citizens as they have the opportunity to take part in various developments activities unlike in capitalism where the common citizen has a right but no opportunity to contribute to the developments unless one joins the capitalist class. This two variations in their system of governance has brought tension between the two not only in the United States of America but also in other European nations like Spain, Germany among others.
Both democracy and capitalism represents political choices of distinct citizens within the represented nations as well as states. Each citizen has a right to enjoy his or her choice in all the three aspects of human survival and democracy that is social, economic and political. If the citizens’ rights to access services from one of the three aspects are denied, conflict is likely to occur from the various ways they engage in to fight for their rights. Either directly or indirectly, the citizens find a way to pass a message that whatever they are entitled too should be respected in all aspects, example, through peaceful demonstrations, protests and even wars like it was in both World War 1 and 2. Occupy Wall Street is an example of a social political movement that was internationally developed to help fight for justice in both social and economic aspects as support of democracy of the people.
Tension between the two forms of governance has resulted to division among the people. Those who believe in democracy argue that the plight of the common people in the society is well represented and the ideas of development are supported through their representatives. Unlike in democracy, those in support of capitalism are interested in their own needs and benefit gained by controlling the economy to support their own ideas on development and not the well- being of the common citizens. Example, they enhance high credit ratings to ensure they make their desired profits. With increased capitalism interests in European market, the democrats are lowly rated and referred to as the source of the crap and nonsense democratic sovereignty ideology that intends to affect the practices of the capitalist society in the European market (Johnston, Alison, and Aidan Regan 322). Both sides have a good fraction of supporters whose rights are intended to be supported and in any cases they are not, conflict to fight for their rights will prevail.
Wealth inequality is one of economic injustices that resulted to formation of Occupy Wall Street movement (DeLuca, et al 491). People had different views about their political choices they made, with an aim of benefiting from either of them, they were kind enough to support their own. The democrats supported their own with an aim that the various economic benefits achieved by the government would benefit all people but not a section of them. These did not appear to happen as the benefits were only realized by the large corporations and not the rest of the people meaning that the capitalist were favored and the democrats denied of their economic rights. Occupy movement in various and different scopes in all local areas formed and rose to fight for the common citizen whom the capitalists stepped on without approval that they had the same rights. The movement’s main concern to address was how the large established corporations in the countries had overwhelming control over the global financial system in a way that only the minority benefited. According to the movement, all people within that nation or state had equal rights and not even the most powerful in the society would change that fact. The protests encouraged positivism as the movement received attention with defining goals to fight for democracy in all nations especially those forming the European market (Urban, Hans-Jürgen 269). The social impact in this highlighted that the poor in the society would remain to be poor if their rights were not pushed for as the rich or rather the capitalists continued to be rich. Political tension increased as the two political groups would not cease to fight for what they believed in.
Political corruption and excessive corporate influence of the government were as a result of increased tension between democracy and capitalism (Krusell, et al 730). Political corruption involved the most powerful gaining favors from the government as they controlled the corporate world using the government’s name. As a political choice that people made, the form of governance that was led by greed and lack of substantial quality to benefit the majority unlike the one with quality for majority benefit resulted to failure of observation of people’s economic rights. Occupy Wall Street movement came up with the idea that if the minority had that power to control the corporate world in such a powerful manner, it only meant that their system of governance was weak and filled with corruption and greed. A fight to gain democracy was the only way to help reduce this level of corruption as well as the level of corporate governance taking place in various states and nations to benefit the minority at the expense of the majority in the society.
Increased tension between democracy and capitalism resulted to massive increase of time and resources wastage as the majority turned up to fight in what they believed in, that’s democracy. As people’s choice of governance was exercised, the minority tend to benefit more than the majority through corruption and dishonor of the rule of law. As a result, a way of reducing the massive tension between the two groups, Occupy movement came up with a structure where its distinct groups were enhanced in all member countries. The movement’s main focus in these countries was to push for justice of democracy. This resulted to wider media and traditional coverage as the movement made clear and defined goals to fight for democracy that would benefit the majority in all aspects of social, economic and political needs (Merkel, Wolfgang 112).
Buzan, Barry, and George Lawson. "Capitalism and the emergent world order." International Affairs 90.1 (2014): 71-91.
DeLuca, Kevin M., Sean Lawson, and Ye Sun. "Occupy Wall Street on the public screens of social media: The many framings of the birth of a protest movement." Communication, Culture & Critique 5.4 (2012): 483-509.
Johnston, Alison, and Aidan Regan. "European monetary integration and the incompatibility of national varieties of capitalism." JCMS: Journal of Common Market Studies 54.2 (2016): 318-336.
Krusell, Per, and Anthony A. Smith Jr. "Is Piketty’s “Second Law of Capitalism” Fundamental?." Journal of Political Economy 123.4 (2015): 725-748.
Merkel, Wolfgang. "Is capitalism compatible with democracy?." Zeitschrift für vergleichende Politikwissenschaft 8.2 (2014): 109-128.
Urban, Hans-Jürgen. "Between crisis corporatism and revitalisation: trade union policy in the era of European financial market capitalism." Edited by (2014): 269.