GNED 1303 Chapter Notes - Chapter 15: Cultural Diversity, Fax, Illegal Entry

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He points out the particular dangers to democracy of sudden changes in political course (as compared to just muddling through). He seems to pin his hopes for the future on better education. Market-capitalism = unlikely to be displaced in democratic countries but there is an antagonistic cohabitation between the two. No superior alternative is anywhere in sight. Whatever the defects of a predominantly market economy may be, it is the only option so far for democratic countries in the new century. The i(cid:374)ter(cid:374)al (cid:862)go(cid:448)er(cid:374)(cid:373)e(cid:374)ts(cid:863) of (cid:272)apitalist fir(cid:373)s are typi(cid:272)ally u(cid:374)de(cid:373)o(cid:272)rati(cid:272); sometimes they are managerial despotisms. Moreover the ownership of firms and the profits and other gains are distributed in highly unequal fashion. Unequal ownership and control over major economic enterprises in turn contribute to inequality. The only major experience with a socialist market-e(cid:272)o(cid:374)o(cid:373)y (cid:894)(cid:862)so(cid:272)ially o(cid:449)(cid:374)ed(cid:863) enterprises operating in a market context) were governed by representatives of the workers died when yugoslavia and its hegemonic communist government disintegrated.

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