Democracy is founded on the principle that we as human beings, despite our many nuances, are ultimately equal in our dignity and faculties for all intents and purposes. We desire a say in our political future and are adamantly opposed to the idea of anyone taking our ability to participate in our government from us.
And yet, despite this belief in human equality, many support capitalism. We do not tolerate the idea of an unelected ruler, but we are content with the idea of an unelected CEO.
Many crave control of their political destiny, but as economic resources generally translate into political resources, it would seem contradictory to be both a democrat and a supporter of capitalism. The political theorist Robert Dahl noted that capitalism has a "symbiotic antagonism" with democracy, having helped it in creating a middle class that can be more politically active, while at the same time harming it by creating an upper class with significantly more wealth than the common person. Dahl, however, did mention the potential for market socialism to enhance democracy without the drawbacks that capitalism brings, citing the effectiveness of cooperatives, though thus far (that I know of) no society has emerged that is predominantly based on this model.
Anyway, I guess I just find it odd that a person can support both capitalism and democracy when one starts to really think about it. One is inherently about inequality and hierarchy while the other is about bringing power closer to the public.
Perhaps my favorite criticism of market cooperatives is the idea that "workers are too stupid to run a company," when used by a democrat. So the average joe is smart enough to have a say in his or her country, but not his or her place of employment? That makes no sense. Never mind the data's quite clear that yes, market cooperatives work just as well as capitalist firms, and the workers are a heck of a lot happier and better treated too.
I think the sooner we discard this idea that CEOs are so much smarter and harder working than their underlings that they deserve so much more pay, the better. Never mind, the idea that they are so brilliant that they can't be elected by those who work for them.