Richard Henry Tawney on the Democratic Economy Available to Purchase

The relationship between capitalism and democracy has been questioned recently by economists and political scientists. In view of this debate, a reappraisal is made of the writings of Richard Henry Tawney, the English economist and social philosopher. Central to his personal, intellectual and socio‐political project was the ideal of the creation of a genuinely democratic community. Capitalism; the principles of a democratic economy; institutions and processes; and the alternative perspectives on political economy are discussed.