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Liberalism

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In the United States, political ideology is governed by the philosophy of democracy, and economic ideology is governed by capitalism. It is widely accepted that these two concepts dictate public policy, and they are usually regarded as symbolizing “freedom” or seen as the reason for America’s success as a nation. Not very often in our society do citizens speak out against our system of government or question if democracy and capitalism are “worth” it. Democracy and capitalism are an effective form of government, but they do come with “costs” or negative effects on public policy.
Democracy is a system of government in which the people are in power, either directly or indirectly. In the U.S., the power falls in the hands of elected officials. Some would argue that this system of indirect democracy is not ideal because the “majority” makes important decisions, while the “minority” gets left behind. Indirect democracy is faulted because it is impossible to take in consideration each citizen’s wants and needs.
Capitalism has been under attack for many different reasons; some would say that the costs of capitalism are very grave. A few of the disadvantages of capitalism are inequality, advertisement, and waste. Capitalism promotes inequality because it allows the “rich” to get richer and the “poor” to get poorer; naturally the wealthy will have an excess of stuff and it will lead to waste. Capitalism also causes advertising to be very abundant in our society which can lead to demoralizing and brainwashing of the general public. On the other hand, some others argue that the same things that are seen as negative effects of capitalism are what make it functional and unique.
Like every other governing system, democracy and capitalism affect society negatively and positively, but the costs do not outweigh the benefits. The costs of basing our government on democracy and capitalism are “worth it” because under these systems our society operates smoothly and freely.

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