The Political Economic Foundation of Democratic Capitalism

Abstract

In The Political Economic Foundation of Democratic Capitalism, Dr. Alan Ertl traces the development of the modern notions of Democracy and Capitalism, specifically the unique and seemingly at-odds combination of the two ideas that has grown to form the political-economic system of democratic-capitalism. An understanding of this system is essential to political and economic studies; the studies of those nations currently striving to develop Capitalism as their economic base would benefit from the separate analyses of Democracy and Capitalism, how the two concepts compare and contrast, and how the two ideas have combined to form a complex system of government.

About the Author

Dr.Ertl is an international academic scholar on political-economic relations and maintains both an active speaking pensum on a wide complex of topics, and contributes frequently to academic journals. He has also authored the masterful political analytical work; 'International Systems Change: Integration or Disintegration?' Dr.Ertl is collegiate professor of economics at the University of Maryland, European Division (Heidelberg, Germany).