Challenges of Corruption

Of course, there is always a question of whether haGH democracy and hyper-capitalism go hand in hand. As a rule, democracy and capitalism are different partners, although they often mean alike; at the same time, hypercapitalism can pose a danger to democratic values.

Patholoygical hyper-capitalism where there is excessive greed for wealth, increased polarization of income inequality, undue influence by business corporations, and lack of regulation erodes democracy through: This preserves inequity with regards to economic resources placing legislative control in the hands of few rich individuals, who are able to fund their political campaigns and lobby the system, thus offering skewed policy ideal for the wealthy as opposed to the public good.

In this context, hyper-capitalism can be explained because society is divided into the rich and the poor and their possibilities of life are as different as the immediate outcome of the process. That eventually results in social disorder, political crisis, and a decline in confidence in democracy.

However, this paper should demonstrate that there are conditions in which democracy and capitalism can socially coexist and not only sustainably evolve but also complement each other. One can find that higher and powerful regulations, progressive taxation, and social welfare systems can help to reduce the effects of the negative side of hyper-capitalism and make economic growth more inclusive. That is, strong and effective civil society, engaged citizens, and a vibrant and independent media are key to curbing dominance of other interests-and for sustaining democracy.

That is, hyper-capitalism is tightly connected with democracy as the interdependence between the two concepts has been balanced. Capitalism promotes or stimulates economic growth, innovation, and investment, but equally important, all this should not diminish the fundamental elements of democracy: democracy, respect for the rights of others, equality, fairness and respect for the rule or law. And thus, achieving the balance, the input and output factors, it is feasible to construct a society in which the people of that society are at one end beneficial economically as well as socially satisfied.