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Is your claim that both systems led to extreme wealth concentration?Yes.
> The argument is that democracy ALWAYS leads to tyranny and collapse.
Rather than Plato's mob rule criticism, I'm using the more contemporary capitalism-vs-democracy (winner-takes-all) food fight.
The tension in USA, at least, has always been wealth vs democracy. The "liberal" in the traditional "liberal democracy" was a reference to our economic system of free enterprise. The aspiration was to balance winner-takes-all with will-of-the-people. Basically the formulation of modern Nordic "democratic socialism".