Are neoliberal excesses the fault of democracy?

My political philosophy reading came to a definite halt several weeks ago when I became obsessed with chess. However, chess was not entirely to blame. I am disturbed that some leftists have become so discouraged with democracy that they have identified it as the cause of neoliberal excesses. Even though my reading has stopped my thinking and the search for answers to some questions continue, especially questions that arise from the surmise that democracy fuels neoliberalism.

Are democracy and capitalism correlated? If so, is there a causal direction, or maybe, some kind of deadly embrace between the two? Can there be a useful political philosophy if it is not grounded in some ethical theory? Let’s take Aristotle or Marx as examples of political theory grounded in ethical theory.

Does the United States Constitution reflect any kind of useful political theory grounded in ethical theory? Is there any hope of adding an economic bill of rights to it so as to curb capitalist excesses? Is it irrelevant given the current American political environment?

So many questions; so much to think about.

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Published in: on December 11, 2007 at 11:53 am  Leave a Comment  

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