Capitalism (ie simply), means to me accumulation of wealth and power in the hands of a few individuals or corporations.
Democracy (ie simply) means to me a type of government where power is held by the people, allowing citizens to have a say in how their country is run, usually by way of letting government representatives via a free and fair election. To me, democracy necessarily includes respect for human rights, freedom of expression, an independent judiciary and the holding of periodic, fair elections, to ensure leaders are held accountable to the public.
I was not born into wealth or power. I have been a grateful recipient of free healthcare, free education, equal rights for women and a government vote, none of which were available to earlier generations of women born in my circumstances. I am biased by birth towards democracy not capitalism even I have been able to accrue capital by way of owning my own home and I managed to make (not huge, I'm not rich!) savings as a result of my career, achievable only by way of my free state education. However I do not seek to increase or preserve my capital at the expense of undermining democracy.
Simply put, there does appear to be a tension between democracy and capitalism. Those such as myself, (i.e. not born inherited property wealth or capital and needing state education and funded healthcare) can only gain when the minority who have benefitted from capitalism are willing to share more equally. It is easy to understand their perspective however. They are humans, also with self interest, so understandably are more likely to be biased towards preserving their capital and power.
Thus put very simply- yes I do think that democracy can be seen as a problem to capitalists. Democracy seeks fair wages, strong public services, environmental protections, accessible free/affordable healthcare etc. All that has a financial cost to be met, usually by way of fair, proportional taxation. What is seen by the less wealthy as fair however may be seen as punitive and undermining wealth and capital accrued to date by the capitalists.
We see many ways around the world how capitalists therefore covertly and overtly seek to resolve that tension. Powerful capitalist interests attempting to influencing government, hollowing out of democratic process through lobbying, media controls and campaign contributions.
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