Robert Dahl identifies a "democratic paradox" in which citizens have low faith in democratic institutions but high esteem for democratic principles and ideals. Dahl asserts that the paradox is resolved if citizens principally perceive democracy in terms of political rights (i.e., freedom of speech and assembly) and not political responsibilities (i.e., regular voting). Such an argument, however, excludes the economic realm from conceptions of democracy. Alternatively, we argue that some citizens may actively include market principles in their perceptions of democracy. These citizens may perceive market participation as a form of democratic participation, thus providing an additional explanation of why widespread distrust of political institutions does not detract from support for democratic values. In this article we provide some preliminary evidence from a targeted survey of college undergraduates, union workers, and churchgoers that illuminates these possibilities.
