As a budget agreement was finally reached at the 11th hour on Friday, so too the US nation breathed a collective sigh of audible relief. While public sector workers and the families of military representatives celebrated the late resolution, so too government officials assured citizens that they would learn from the lessons of a poorly administered budget. However, given the revelation that top senate officials would have continued to receive pay while those beneath them felt the force of any partial government shutdown, questions have been raised about the influence of capitalism within a democracy.
Capitalist Values in a Democratic Society
The idea that the powerful should continue to receive their pay while those who they serve are left temporarily without salary epitomizes the very worst of capitalism, where influence dictates the distribution of a nations wealth. This notion is troubling enough in a focused and dedicated democratic power, but it is even more worrying when you consider that these individuals in question were responsible for the prolonged budgetary negotiations in the first instance.
Now, this does not mean that capitalism or its principles are divisive in society, or entirely opposed to those which exist in democracy. After all, capitalism supports the freedoms of of enterprise and unlimited trade, and affords individuals the tools to design, create and operate their own business entity. Not only this, but such a concept gifts these individuals the opportunity to shape their own financial destiny, and take tentative steps to becoming the job creators of the next generation.
However, there are certain aspects of capitalism that contrast with the values which drive democracy, and these concern the distribution of wealth and power. For example, in the instance of who gets paid and who does not within the circumstances of a government shutdown, it is apparent that those who create the legislation are a faction who do not suffer from any subsequent economical hardship. In essence, this means that influential law makers are creating an environment that benefits themselves rather than the needs of a wider social demographic.
An Occasionally Incompatible Marriage
This creates a contrast and an occasionally uneasy marriage between capitalism and democracy. Whereas capitalism is driven by a selective few who have strived to garner both wealth and influence, and subsequently sees this power used in an entirely subjective manner, democracy is an evocation of government for the people by the people, and rests solely upon the principle that each individual has a fair and equal voice in any pertinent social issue.
Perhaps this point is significant, as while democracy is significant within society in the US, it is less applicable to the financially driven corporate world. This variation in where the concepts are applied means that both are able to subsist harmoniously within the boundaries of a nations rule, only to cross paths in situations where economics and the welfare of society are mutually interwoven. Where this does occur, there is the inevitable clash of individual needs with those of a greater majority.
This conflict could be witnessed in the recent budget discussions, especially as the prospect loomed for hard working military personal to lose their salary while senate officials continued to earn an ill deserved wage. Should this state of play have been allowed to develop, we would have seen an instance where those without political influence would have been punished by those who wield it, which would have seriously contravened the purpose and aspirations of a democracy.
Different Factions of the Same Rule
In many ways, capitalism and democracy are based upon the principles of freedom, which support the social fabric which binds the citizens of the US. However, whereas capitalism allows and encourages individuals to further themselves and develop wealth and influence for their own benefits, democracy is geared towards the creating an equilibrium between political powers and the individuals that they serve.
The fact that they serve different functions keep them largely compatible, although the unavoidable link between wealth distribution and the welfare of society means that they are bound to clash occasionally. What should be addressed are circumstances where this collision of principles can be avoided, such as the provisions for pay should the government be forced into partial closure. Although this course of action has been avoided in this instance, should the prospect arise again legislation should be implemented to protect public sector workers from baring the brunt of the financial consequence.
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