id author title date pages extension mime words sentences flesch summary cache txt en-wikipedia-org-297 Democratic capitalism - Wikipedia .html text/html 4289 769 39 Dr Edward Younkins, professor at Wheeling Jesuit University, described democratic capitalism as a "dynamic complex of economic, political, moral-cultural, ideological, and institutional forces", which serves to maximize social welfare within a free market economy.[7] Youkins states that the system of individual liberty inherent within democratic capitalism supports the creation of voluntary associations, such as labour unions.[7] As automated production expanded in the United States, demand for semi skilled workers increased.[11] Combined with the expansion of secondary education, this saw the development of a large working class.[11] The resulting strong economic growth and improved income equality allowed for greater social peace and universal suffrage.[11] Capitalism was viewed as a means of producing the wealth which maintained political freedom, while a democratic government ensured accountable political institutions and an educated labour force with its basic rights fulfilled.[11] ./cache/en-wikipedia-org-297.html ./txt/en-wikipedia-org-297.txt