Fwd: DIFFERENCES BETWEEN POLITICAL DEMOCRACY AND ECONOMIC DEMOCRACY.

---------- Forwarded message ----------
From: Anandasamarpana anandamargii
Date: Wed, 6 Jul 2011 22:48:30 -0700 (PDT)
Subject: DIFFERENCES BETWEEN POLITICAL DEMOCRACY AND ECONOMIC
DEMOCRACY.
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DIFFERENCES BETWEEN POLITICAL DEMOCRACY AND ECONOMIC DEMOCRACY.

POLITICAL DEMOCRACY

1. Centralization of Political Power.
2. Centralization of Economic Power.

Centralization of Political Power
Ill effects
* Political tyranny
* Rampant corruption
* Abuse of administrative power
* Insecurity in society * Rigging of vote
* False promise
* Intimidation

Centralization of Economic Power
Ill effects
* Economic disparity
* Ineqality in Purchasing Capacity * Unemployment
* Food shortage
* Poverty

ECONOMIC DEMOCRACY

1. Economic power remains in the hands of the Local People.
2. Political power remains in the hands of Moralists.

Requirements of Economic Democracy

1. Minimum requirement must be guaranteed to all.

2. Increasing purchasing capacity must be guaranteed to all.

3. Economic decisions by the local people.

4. Outsiders must not interfere in the local economy.