Monday, February 9, 2015

Capitalism and Democracy, in China and Other Places

Efficiency, growth, and profit may not always be a precondition or even an consequence of democracy so much as a substitute for it.

--Tony Judt, "The Wrecking Ball of Innovation" (2007)

1 comment:

G. Verloren said...

China doesn't have nor want Democracy - they're quite happy with a Plutocracy.

Although to be fair, more and more it seems so is America...