#794 - Philosophin Lea Ypi

Democracy and capitalism are fundamentally incompatible in their current forms, as the concentration of wealth inevitably leads to oligarchic control rather than genuine political representation. The modern political landscape suffers from a significant democratic deficit, where mainstream parties, including those on the left, have abandoned radical critiques of capitalism in favor of nation-state-centric policies that often mirror right-wing narratives on migration and citizenship. Reclaiming political agency requires a transnational, federal socialist vision that prioritizes socio-economic rights alongside traditional liberal freedoms. By shifting the default from private property to public interest, society can move toward a system where democratic accountability is not merely a performative act but a robust mechanism for limiting the power of capital and ensuring equal participation for all, regardless of their economic status or national background.