Democracy

Source: Wikipedia. Pages: 167. Chapters: Westminster system, Federalist Papers, Grassroots democracy, Direct democracy, Representative democracy, Potsdam Declaration, The End of History and the Last Man, Totalitarian democracy, Accountability, Consensus democracy, Economic democracy, History of democracy, Right of foreigners to vote, Liberal democracy, Proxy voting, Public sphere, Democratic education, Elections in Cuba, Islam and democracy, Democracy Index, United Front for Democracy Against Dictatorship, Christian democracy, Parliamentary system, Jacksonian democracy, Education Index, Democratization, List of wars between democracies, Ramallah Center for Human Rights Studies, Workplace democracy, Soviet democracy, Popular democracy, Jeffersonian democracy, Four boxes of liberty, Democracy promotion, Venezuelan Communal Councils, Criticism of democracy, Penn, Schoen & Berland, E-participation, A Jewish and Democratic State, Tharwa Foundation, International Centre for Democratic Transition, Outline of democracy, Intercultural cities, Bhutanese democracy, Tyranny of the majority, Sovereign democracy, Democracy Ranking, World on Fire, Participatory democracy, World Bank's Inspection Panel, Illiberal democracy, Synoecism, Democratic structuring, Democratic deficit, Delegative Democracy, Ratification, Vox populi, National Democratic Institute for International Affairs, Emergent democracy, Varieties of democracy, Why Democracy?, Direct representation, Sarah Turner, Radical democracy, Elective rights, Democratic ideals, Singaporean communitarianism, Religious democracy, Democratic capitalism, Party of Internet Democracy, Imperative mandate, Trustee model of representation, Third Wave Democracy, World Youth Movement for Democracy, Polity data series, Anticipatory exclusion, Office for Democratic Institutions and Human Rights, World Forum for Democratization in Asia, Guided democracy, Post-democracy, Virtual representation, Democratic consolidation, Corsican Constitution, Bureau of Democracy, Human Rights, and Labor, Interest group democracy, Sectarian democracy, Cellular democracy, Defensive democracy, Netherlands Institute for Multiparty Democracy, Global Foundation for Democracy and Development, Procedural democracy, One vote one value, Western European parliamentary model, Substantive democracy, Direct Action and Democracy Today, Fundación Global Democracia y Desarrollo, Compositing, Kleroterion, Messianic democracy, Republican democracy, Crossover voting, Deviation from proportionality, Absolute democracy, Non-representative democracy. Excerpt: Economic democracy is a socioeconomic philosophy that suggests an expansion of decision-making power from a small minority of corporate shareholders (owners) to a larger majority of public stakeholders (nonowners). While there is no single definition or approach, most theories and real-world examples of economic democracy are based on the assumption that modern property relations tend to deny the populace majority a democratic voice in economic policy decisions by giving private profit precedence over general well-being. Classical liberals argue that the power to dispose of the means of production belongs to entrepreneurs and capitalists, and can only be acquired by means of the consumers' ballot, held daily in the marketplace. "The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word." Proponents of economic democracy generally agree, however, that moder...