Democracy and Hiring and Firing

Social democracy is not inconsistent with firing the lazy and incompetent in short order. Social democracy does not mean that a job is a form of property. But it does mean that if you do not keep a very strong eye on capitalism it will gravitate towards the worst forms of corporate and personal greed. Wall Street and the London City are both both beneficial mechanisms to aggregate capital and present co-relative opportunities for practicing extortion on whole nations.