Prior to the presentation of the various definitions of the terms used here regularly, here are a few thoughts on capitalism and democracy...
There are no provisions or caveats in the constitution that state wealth should be equally distributed throughout the nation. Additionally, the framework set by the founders does not guarantee financial success or even security; however, the main motivation behind the establishment of the nation was to avoid paying taxes.
On the other hand, we can state that the consensus is that being poor is a bad thing for anyone. Yet, competition, as defined by the precepts of capitalism (especially hyper-capitalism) precludes us from actually taking action in redistributing our “hard earned dollars” to the less fortunate. If we look at a democratic society, which we are (as opposed to a capitalist society – which does not exist by definition), the hoarding of wealth and the exclusion of people based solely on their economic status is an undemocratic practice and goes against the moral and sociological intentions of the constitution and the intentions of the founders.
“The first man, who after enclosing a piece of ground, took it into his head to say, this is mine, and found people simple enough to believe him, was the real founder of civil society. How many crimes, how many wars, how many murders, how many misfortunes and horrors, would that man have saved the human species, who pulling up the stakes or filling up the ditches should have cried to his fellows: Beware of listening to this imposter; you are lost, if you forget that the fruits of the earth belong equally to us all, and the earth itself to nobody!” (Rousseau, Discourse on Inequality)