“Property” & “profit” solve resource-allocation problems.

“Democracy” solves power problems.

It keeps influence dispersed, corrects failures, prevents domination & preserves the freedom to revise the system itself.

#Econsky
#NordicModel
#Regulations
#PublicGoods
#SafetyNets
#FlawedButFixable

“Democracy” (which was Marx’s ideal, not DoTP) solves power problems.

It keeps influence dispersed, corrects failures, prevents domination & preserves the freedom to revise the system itself.

#NordicModel
#Regulations
#PublicGoods
#SafetyNets
#FlawedButFixable