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Encyclopedia > Democratic Capitalism

Democratic Capitalism is a right-of-center ideology that supports a mainly capitalist market economy, with some limitations (i.e. regulations) created according to the will of the people (which is expressed through a democratic process).


Democratic Capitalism is distinguished from other ideologies that support a regulated market economy (most notably social democracy) through the fact that it generally advocates far fewer regulations (and therefore more capitalism) than those other ideologies.


The United States is notable in using Democratic Capitalism as its economic-political system. Both the Democratic and Republican Parties of the United States subscribe to this (little-"d" and "r") democratic-republican philosophy. However, most other first-world countries follow a system closer to social democracy.


Most liberals and conservatives generally support some form of Democratic Capitalism in their economic practices.


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