Democratic capitalism , also referred to as market democracy , is a political and economic system that combines capitalism and strong social policies. It integrates resource allocation by marginal productivity synonymous with free-market capitalism , with policies of resource allocation by social entitlement. Democratic capitalism was implemented widely in the 20th century, particularly in Europe and the Western world after the Second World War. The coexistence of capitalism and democracy, particularly in Europe, was supported by the creation of the modern welfare state in the post-war period. These policies are enacted in a capitalist economy characterized by the right to private ownership of productive property. Catholic social teaching offers support for a communitarian form of democratic capitalism with an emphasis on the preservation of human dignity.
An argumentative essay is a type of essay that is written with the aim of persuading readers about a particular issue or topic. This is why good argumentative essay topics deal with current and controversial issues that affect society. These argument essay topics are usually drawn from political issues and media trending topics. Therefore, when looking for examples of arguments, many people turn to newspapers and media outlets.
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The question is provocative, sacrilegious, unsettling as it forces anti-capitalists to confront an unacknowledged attachment to capitalism. Left unquestioned, this assumption hinders political analysis. A property-less underclass will survive by servicing the needs of high earners as personal assistants, trainers, child-minders, cooks, cleaners, et cetera.