Democratic Capitalism is a right-of-centerideology that supports a mainly capitalistmarket 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.
Defensive democracy, a situation in which a democratic society has to limit some rights and freedoms in order to protect the institutions of the democracy.
Marketdemocracy, another name for democraticcapitalism, an economic ideology based on a tripartite arrangement of a market-based economy based predominantly on economic incentives through free markets, a democratic polity and a liberal moral-cultural system which encourages pluralism
Totalitarian democracy, a system of government in which lawfully elected representatives maintain the integrity of a nation state whose citizens, while granted the right to vote, have little or no participation in the decision-making process of the government.
Democracy can range from the very broadly based institutions in which adult universal suffrage is used to elect representative, to very informal assemblies in which the people voice their opinions, and leader act upon those feelings, to elected representatives who have limited power under an unelected monarch.
In modern democracies, the territory is the nation-state, and since this corresponds (in theory) with the homeland of the nation, the demos and the reach of the democratic process neatly coincide.
Pierre-Joseph Proudhon says, "Democracy is nothing but the Tyranny of Majorities (see tyranny of the majority), the most abominable tyranny of all, for it is not based on the authority of a religion, not upon the nobility of a race, not on the merits of talents and of riches.
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