And that is definitely non-democratic, when one introduces the non-democratic corporate powers that harvest the wealth of their business empires in order to primarily enrich the owners first, shareholders second (mostly more wealthy people), and finally to provide as little as possible in the way of wages and benefits for the employees. There is certainly no "peace dividend" from this kind of "willingness of current democracies to share the wealth." Whose wealth is it? Is that American oil under Saudi and Iraqi sands? Are those American bananas imported from Central America?
Sharing of wealth is a socialist ideal, and a very good one, with the monies being shared in the form of proper wages, proper working conditions, universal education and health care, promotion of strong environmental regulations, child protection laws, women's rights, and on. Socialism can certainly be, and is, very democratic, the failures of Soviet and Chinese communism not withstanding. The supposed "democracies" that make all the money are nominal democracies in that while they certainly provide citizens with the vote, the true power and law making abilities that guarantee the success of the wealthy class and the corporations are held by the corporations themselves and their lobbying powers, and also the desire of various political figures to wield and keep power above and beyond the democratic desires of the people (e.g. most Americans are much more progressive about social issues than their government members who, once voted into power, try as a matter of power to see who can hang onto the public dole of corporate handouts).
Most rich societies became rich not because of their democratic traits, but because of two other factors. First, they protected their own developing economies with tariffs and other rules and regulations to keep foreign competition out (and till do in many instances) - this is true of the recently demised empires of Europe (Britain, France, Spain, Germany - all supposedly democratic for their time) and the rather cynical empire of democracy that the U.S. is pretending to create. Secondly, is that they are – simply - empires. Empires are not democratic in that they subjugate and exploit other peoples of the world based on their being the 'other': primitives, savages, non-believers, 'evil', whatever excuse the government and corporations can come up with to sanctify their oppression.
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