Democracy
Political Concept
Lending must support the real economy...reforms should take. Robert Shiller wrote on these pages in defence of "financial democracy", arguing that a wide range of financial products allows everyone to access liquidity and insure against risk. A week earlier in The New York... In this article: Tax, US, Democracy, Revenue, Derivative, Recession, Bloating, Economists, and University of Groningen |
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The Australian | December 21, 2008
Voices Of Dissent: Activism & American Democracy
Using events, theatre, song, dance, comedy, satire, music, poetry, interviews with many well-known personalities and the wisdom of our founding fathers, VOICES reminds us of our roots and the importance of protecting authentic democracy.
In this article: United Nations, Bangkok, YouTube, Comcast, U.S. Justice Department, and Al Franken
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New York Times | June 10, 2009
The Sunday Word: Coming Home
...he fails to recognize the meirts and benefits of such a system-but recognizes the reality he faces in Congress-which truly epitomizes the phrase "The best democracy money can buy. " Listen to/watch the John Harwood interview of Senator Baucus...
In this article: Barack Obama, David Axelrod, 's-as Paul Krugman, Washington, D.C., Tax, Norm Coleman, and Joseph R. Biden Jr.
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Real Clear Politics | January 24, 2009
A few belated post-inaugural thoughts
That's pretty high praise. "A fine speech," says Michael Goldfarb on The Weekly Standard blog, particularly impressed by Obama's emphasis on the role military force has played in maintaining American democracy. Ron Radosh likes the speech...
In this article: Barack Obama, Ron Radosh, Joseph Lowery, Ideology, The Weekly Standard, and Jonathan Last
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True/Slant | September 16, 2009
Macroeconomics wars from the perspective of the totally ignorant
...it is rich people (the primary actors in the market) while Krugmen believes it is government (the primary regulator of the market) …both are somewhat wrong in a democracy …which side is dominate at any given time is actually up to the voters.
In this article: Paul Krugman, Brad DeLong, and Tax
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Crooks and Liars | February 11, 2008
We're not near 'Nixonland' yet Crooks and Liars
...is a bit much. Sun, 02/10/2008 - 22:57 - randron (not verified) Has it been so long since we've had a small "d" democracy that we've forgotten what it looks like? To Mr. Krugman: it's called D-E-M-O-C-R-A-C-Y and I prefer honest,...
In this article: Barack Obama, Paul Krugman, Bill Clinton, Nixonland, Hillary Clinton, Venom, and Crooks and Liars
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washingtonpost.com | April 16, 2009
Reading the Tea Leaves
...it's backed by right-wing millionaires. . . . They're using every means at their command -- from NBC to the New York Times to Twitter to the Obama mailing list -- to try to quash real democracy." The media coverage even became a factor in...
In this article: Barack Obama, Sam Zell, Rick Perry, Republican Party, Eliot Spitzer, Tribune Co., George W. Bush, Cody Willard, and Tax
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Gawker | October 13, 2008
Economics: Nobel Winner Krugman Must Now Save Entire World Economy
...but everyone knew it was just because the international community hates George W. Bush and former president Carter can't stop complaining about Bush. Of course, Krugman still thinks he won this prize for his "economics," but he knows full...
In this article: Paul Krugman, Jimmy Carter, George W. Bush, Ideology, Nobel Prize in Economic Sciences, Nobel Prize, and Delusion
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Daily Kos | January 20, 2008
Book Review: Paul Krugman's The Conscience of a Liberal
That makes me a liberal, and I'm proud of it. Being a liberal is not enough, however. To enact liberal policies and nurture American democracy, it is necessary to have a progressive movement, one which includes mainstays of the traditional...
In this article: Paul Krugman, John Kenneth Galbraith, Economics, John Maynard Keynes, Radicalism, Progressive Era, Conservatism, and Social Security
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EconLog | February 03, 2009
EconLog Book Club: For a New Liberty, Chapter 3, by Bryan Caplan
...are, the man in the street is probably worse." Yeah but isn't your point that people are willing to be rationally irrational and indulge in their biases in a democracy. Take Paul Krugman for example. Yes he may indeed believe in...
In this article: Murray Rothbard, Bryan Caplan, Tax, Normative, Paul Krugman, Coercion, and Suicide
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Description from Wikipedia:
Democracy is a system of government in which either the actual governing is carried out by the people governed (direct democracy), or the power to do so is granted by them (as in representative democracy). The term is derived from the Greek δημοκρατία (dēmokratía), "popular government", which was coined from (dêmos), "people" and κράτος (krátos), meaning "power" in the middle of the fifth-fourth century BC to denote the political systems then existing in some Greek city-states, notably Athens following a popular uprising in 508 BC.
In political theory, democracy describes a small number of related forms of government and also a political philosophy. Even though there is no specific, universally accepted definition of 'democracy', there are two principles that any definition of democracy includes, equality and freedom. These principles are reflected by all citizens being equal before the law, and having equal access to power. Additionally, all citizens are able to enjoy legitimized freedoms and liberties, which are usually protected by a constitution.
There are several varieties of democracy, some of which provide better representation and more freedoms for their citizens than others. However, if any democracy is not carefully legislated to avoid an uneven distribution of political power with balances, such as the separation of powers, then a branch of the system of rule could accumulate power and become harmful to the democracy itself.
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