Definition of a Democratic Political System

–What is your definition of a democratic political system? What are the minimal conditions necessary for a country to be classified as a democracy? If you opt for the definition used in the chapter “Political Institutions II: Institutional Arrangements,” explain which elements of the definition are the most essential and the least essential for democracy.
–Do you agree with those who contend that capitalism is so individualistic that it fails to protect the collective good?

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