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But it is not an exemplar of democratic capitalism.
Regarding "The larger struggle" by David Brooks (Views, June 16): The struggle is not between democratic capitalism and state capitalism, but rather within democratic capitalism itself.
And Francis Fukuyama asserted that history had ended with the triumph of democratic capitalism.
Democratic capitalism allows individuals and cooperatives to choose the goods and services they consume.
Perhaps, democratic capitalism is not as different from state capitalism as Mr. Brooks implies.
Our football, he declared, embodies "democratic capitalism"; their football is "European socialist".
But it did not settle the argument over whether democratic capitalism was the best political-social-economic system.
Freeman, for example, wrote in an email to The Times that increases in inequality "threaten the success of democratic capitalism".
The rivalry between democratic capitalism and state capitalism is not like the rivalry between capitalism and communism.
Democratic capitalism mainly provides money for the ruling class — the wealthy and the movers and shakers of government and business.
People are watching how we evolve and whether our version of democratic capitalism can continue to thrive.
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