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RE: [DMCA_Discuss] Re: [dvd-discuss] "Consumer Benefits" of DRMsolutionsoversight hearing - witness list
On Thu, 2002-06-06 at 15:43, Dean Sanchez wrote:
> There is no inherent requirement that a capitalist society also be a
> democratic one; however, a democratic or republic one almost by definition
> requires a capitalist economy.
While I think that a democratic society does lend itself well to a
capitalist system it by no means requires it. There are substantial
amounts of socialism built into numerous economies of democratic
countries. There's no clear reason, that I'm aware of, why a democratic
society couldn't simply vote in a centrally planned socialist economy.
Really it seems that what works best is some sort of middle ground with
some socialist and some capitalist institutions. A capitalist system
tends to cause a tremendous split in the distribution of wealth over the
long term. A socialist system tends to maintain equity but at the
expense of wealth growth. A blend of these two systems allows for a
hybrid system that provides greater long term stability and growth.
Now I've strewn way off topic so I'll just leave it at that...
---Steve