The coexistence of modern capitalism and democracy was supported by the creation of the modern welfare state in the post-war period which enabled a relatively stable political atmosphere and widespread support for capitalism. This period of history is often referred to as the Golden Age of Capitalism.[3]
Benne, Robert (1981), The Ethic of Democratic Capitalism: A Moral Reassessment, Philadelphia: Fortress Press, ISBN0-8006-1445-3
J. Michael Miller, ed. (1996), The Encyclicals of John Paul II, Huntington: Our Sunday Visitor
Prindle, David (2006), The Paradox of Democratic Capitalism: Politics and Economics in American Thought, Baltimore, MD: The Johns Hopkins University Press, ISBN0-8018-8411-X