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4 pages/≈1100 words
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APA
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Social Sciences
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English (U.S.)
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Sociology- Introductory Globalization Academic Article Review (Essay Sample)

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Capitalism and Democracy
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Capitalism and Democracy
The author, Wolfgang Merkel in the article, Is capitalism compatible with democracy? Raises some insightful information on the compatibility of the concepts of capitalism and democracy (Merkel, 2014). According to the author this are two different concepts and they use different logics to present their ideals. In the article the author is able to bring to the attention of the readers the various developments that have taken place in reference to the two concepts through time. They also establish in the various countries that the developmental stages of the concepts have been used. This is a crucial element as it prepares the readers for the content that in the mid the last sections of the paper. The article then delves into the different types of the concept of both capitalism and democracy. The article reveals the three main categories of capitalism which include marker-liberal capitalism, organized and embedded capitalism and then the Neoliberal capitalism (Merkel, 2014). Relative to the different ideologies that are associated with the definitions and applications for democracies, the article major on the embedded democracy for the purpose of the paper. Having laid out the basics for the thesis of the paper, the author then elaborates on the various elements of the

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