Mises Daily
Author:
William H. Peterson
Online Publish Date:
“ Capitalism: America’s Greatest Charity “ was the title of my article here last year Today I extend that idea to “Capitalism: America’s Greatest Charity and Democracy,” concentrating here on democracy. But this is not the democracy that Plato spoke of in his The Republic (c. 370 B.C.) as “a charming form of government, full of variety and