Democracy and Economics - Does Democracy Exist? (Part 1)

This is the first video in a four part series covering the relationship between economics and democracy. This four part series is the previous ‘Democracy and Economics – Does Democracy Really Exist’ broken down into four shorter videos for easier consumption for the viewers. This first video looks at how democracy is defined by both today’s standards and how democracy was defined by the ancient Greeks. The Greek version of democracy or ‘demokratia’. ‘Demokratia’ is what is typically called ‘direct democracy’ in today’s terminology. Modern day Switzerland is an example of a country with many elements of ‘demokratia’ such as the use of referendums but Switzerland still mostly follows the ideas of ‘representative democracy’, to be explained later in this description. Some small towns in the United States of America have systems similar to ‘demokratia’. People gather in the town halls and vote on all major issues affecting the community. Unfortunately, State and Federal Governments can still assert power over these towns. Evidence suggests that ‘demokratia’ can only be successful with small populations within a reasonably small geographical area (towns or small countries). Democracy in today’s language is also known as ‘representative democracy’. This form of democracy is not really democracy at all. Many systems are dominated by just two major parties. A two party system can be easily manipulated for the benefit of powerful organisations and people. This strategy is called ‘controlled opposition’. I have another video that explains how controlled opposition is used. This video is available at: https://www.youtube.com/watch?v=DMmi5ExdKio. This takes us to the end of part one of this series. Part two will look at the major debates and differences between the major parties (two major parties) leading up to an election. The video also takes a look at some of the key issues that receive little to no mention at any of the debate or rallies by the major parties. The official Spectrum Economics website can be accessed at: https://www.spectrumecons.com For more exciting videos go to my YouTube channel at https://www.youtube.com/channel/UCILw... You can find me on LinkedIn at: https://www.linkedin.com/in/waynedavi... You can find me on Facebook at: https://www.facebook.com/SpectrumEcon... You can find me on Steemit at: https://steemit.com/@spectrumecons Other YouTube channels that have very interesting videos relating to Government and democracy are as follows: HighImpactFlix: https://www.youtube.com/channel/UC7KZFVVnKjiCzkxWD-Qrakg Anonymous Official: https://www.youtube.com/channel/UCA071Pllf2wk-B8Rkwt47bQ David Icke: https://www.youtube.com/channel/UCAhmDfQ1LfOYECmNNWgXJ7Q GlobalResearchTV: https://www.youtube.com/channel/UCvtTGZEcS8mbWdB7prg4QNw Jesse Ventura: https://www.youtube.com/channel/UCjeYqGx0STkSM6iWknsDl3w Plus many other channels and websites.