Economics and Democracy – Does Democracy Exist? (Part 1)

Economics and Democracy – Does Democracy Exist? (Part 1) | Ecency

This post contains the first video in a four part series covering the relationship between economics and democracy. This series of videos has taken the original video, which was almost an hour long and has reduced it into four parts. The shorter videos are intended to make the viewing of the video easier for viewers that do not have an hour to sit down and watch the original video in one sitting.

Summary of Series

The video series covers the following areas:

The definition of democracy according to the ancient Greeks’ as well as the definition commonly used today.
Two types of democracy are discussed ‘direct democracy and representative democracy’. The videos contain real life examples of democracy.
Explains how democracy can only work effectively for small populations in a small geographical area.
Looks at how modern day democracy closely resembles that of a dictatorship.
Explanation of the key areas of debate and differences between the parties.
A summary of the key areas and issues that are not or rarely debated by the major parties.
Potential solutions and alternatives to existing forms of Government.

First Video in the Series

This first video looks at how democracy is defined by both today’s standards and how democracy was defined by the ancient Greeks. The Greek version of democracy or ‘demokratia’. ‘Demokratia’ is what is typically called ‘direct democracy’ in today’s terminology. Modern day Switzerland is an example of a country with many elements of ‘demokratia’ such as the use of referendums but Switzerland still mostly follows the ideas of ‘representative democracy’ (to be explained later in this post).

Some small towns in the United States of America have systems similar to ‘demokratia’. People gather in the town halls and vote on all major issues affecting the community. Unfortunately, State and Federal Governments can still assert power over these towns. Evidence suggests that ‘demokratia’ can only be successful with small populations within a reasonably small geographical area (towns or small countries).

Democracy in today’s language is also known as ‘representative democracy’. This form of democracy is not really democracy at all. Many systems are dominated by just two major parties. A two party system can be easily manipulated for the benefit of powerful organisations and people. This strategy is called ‘controlled opposition’. I have another video that explains how controlled opposition is used.

This video is available at:

What is very unfortunate is that many people believe that democracy actually exists and that the people can make a difference through the current democratic process. The good news is that more and more people are waking up and seeing through the lies that Governments propagate regarding democracy and freedom.

This takes us to the end of part one of this series. Part two will look at the major debates and differences between the major parties (two major parties) leading up to an election. The video also takes a look at some of the key issues that receive little to no mention at any of the debate or rallies by the major parties.

Economics and Democracy – Does Democracy Exist? (Part 1) can be watched using the following link: