Second, much more important and essentially explaining our first thesis - democracy in its nature is based on enormous expropriations of property (through the phenomenon of taxation) and on various limitations of property rights (under the state regulation and interventions in economy). Such nature is rather straightforward because under the "one man - one vote" arithmetically (by simple vote counting) the poorer majority is always getting redistribution of money of the richer minority in its favor raising the level of progressive taxation up in the sky.

Third, escalation of the State domination in economy and society under representative democracy based in its turn on accelerating income redistribution through the State is downgrading and suppressing not only all free market principles corresponding to our understanding of traditional capitalism, but to a permanently rising extent is downgrading and suppressing personal freedom as well.

Before going any further with analysis we must provide straightforward definitions and clearly differentiate between capitalism and socialism including what concerns their time frame. Table bellow proposes such analysis.

	Capitalism	Socialism
Property rights	Natural	Permanently interfered and violated by the State
Private property	Foundation of society and dominative	Subject to rigorous State control
State regulations and state interventions in economy	Very limited	Corner stone of economic policy
Competition	Unlimited	Suppressed by State regulation, “public” procurement and artificial “incentives” (including lobbying)
Income distribution	Free	Significantly limited by triple - income redistribution, state regulation and artificial “incentives”
State expenditures and taxation	Very limited	Enormous
Social security	Minimal	Enormous
Income redistribution	Very limited	Enormous
Underlining type of governance system	Either dictatorship (monarchy or empire) or property census democracy (constitutional monarchy or republic)	Representative democracy based on universal suffrage
Time period	Second half of 17th century (after English revolution of 1649) till 1930th	1930th till today
Nature	Free market society (free from any social monopolies based on power and coercion)	Exclusive rights of the top-level State bureaucracy (representatives) on the entire state property including on the mechanisms of power and coercion

What concerns the time frame or a time division line between capitalism and inauguration of socialism in our society bind by the expansion of State expenditures, it is commonly attributed to 1930th in the aftermath of the Great Depression being theoretically or ideologically underlined by Mr. Keynes. Two remarks, however, have to be made on that: 

1.  There are several studies (based, of course, on factual data) that booming State expenditures have started much earlier than that - yet in 1920th, before any depression (particularly interesting is the work of Randall J. Holcombe - The Growth of the Federal Government in 1920’s - available online). Table bellow somewhat exhibits this idea presenting an expansion of Federal government expenditures in the United States. Even from this simple table we can see that Federal government outlays in 1925 have increased more than four-fold comparatively to 1916, while in 1936 comparatively to 1931 only 2.3 times. 1920th are precisely the years when universal suffrage started to work at it's full capacity not only in the United States, but worldwide as well.

Selected years	Federal government outlays (in millions of dollars)	Federal government outlays (in percent of GDP)	Growth in % to the previous period in the table (not accounting for USD depreciation)
1789–1849	1090 (avg. per year - 18)	No data
1850–1900	15453 (avg. per year - 309)	No data	1610
1901	525	No data	70
1916	713	No data	35.8
1917	1 954	No data	174
1918	12 677	No data	549
1919	18 493	No data	45.9
1925	2 924	No data	310 (to 1916)
1931	3 577	4.3	22.3
1936	8 228	10.5	130.0
1938	6 840	7.7	-16.9
1940	9 468	9.8	38.4
1941	13 653	12.0	44.2
1942	35 137	24.3	157.4
1945	92 712	41.9	163.9
1948	29 764	11.6	-67.9
1950	42 562	15.6	43.0
1960	92 191	17.8	116.6
1970	195 649	19.3	112.2
1980	590 941	21.7	202.0
1990	1 253 165	21.8	112.1

Source: The U.S. Government Printing Office

2.  What has started in 1920th or in 1930th was a clear-cut boom of the State expenditures. A moderate growth of State expenditures and some elements of socialism in economy (universal public education, embryonic social security, unions, rudiments of progressive taxation, etc.) we can observe already in the late 19th century.

Table bellow demonstrates how different types of suffrage franchise were represented and disenfranchised in different countries under traditional capitalism (18th-19th centuries). Very interesting analysis both of voting franchise and of augmentation of the size of government as well as of the correlation between the two is proposed in the work of Toke S. Aidt and Peter S. Jensen - Tax Structure, Size of Government, and the Extension of the Voting Franchise in Western Europe, 1860-1938 - also available online.

Belgium	Universal suffrage starting from 1893 (weakened by a plural vote for electors fulfilling certain conditions of income, age and education)
Italy	Widening of suffrage in 1882 (the requirement to pay 20 lire in direct taxes per annum and abolished altogether for those with two years' schooling)
Austria	Suffrage was restricted, and it was tied to property provisions until 1907. The emperor was authorized to govern without parliament in the event that the assembly should prove unable to work.
New Zealand	1879 - Property requirement abolished. 1893 - Women given equal voting rights with men.
UK	Representation of the People Act 1884 - amended the Reform Act of 1867 so that it would apply equally to the countryside; 40% of males were still disenfranchised, whilst women could not vote. Property restrictions for voting were lifted for men only in 1918
USA	In the United States, suffrage is determined by states, not federally. There is no national "right to vote". Suffrage franchise for white male started to disintegrate after the civil war. U.S. Constitution has been changed five times to disallow states from limiting suffrage, thereby expanding it, for example: 15th Amendment (1870): no law may restrict any race from voting 19th Amendment (1920): no law may restrict any sex from voting 24th Amendment (1964): neither Congress nor the states may condition the right to vote in federal elections on payment of a poll tax or other type of tax
Germany	17th century – 1918 Kingdom of Prussia and German empire Following the unification of Germany, Bismarck introduced universal male suffrage for elections to the Imperial Parliament (called the Reichstag) from 1871
France	1799-1815 empire of Napoleon Bonnapart 1815 – 1830 return of monarchy (Louis XVIII, Charles X) 1830-1848 constitutional monarchy of Louis-Philippe with suffrage census 1852 – 1870 Louis-Napoléon Bonaparte (short second republic with universal suffrage for men and second empire) After 1870 – IIIrd republic gradual introduction of universal suffrage