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)
at

1 comment:

  1. G. VerlorenFebruary 9, 2015 at 3:24 PM

    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...

    ReplyDelete