Market capitalism and Democracy
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Market capitalism is the most efficient economic system the world has ever known. Democracy is the fairest political system the world has ever known, and the one most respectful of individual liberty. Together, markets and democracy will gradually transform the world into a community of prosperous, war-shunning nations, and individuals into liberal, civic-minded citizens and consumers. Ethnic hatred, religious zealotry, and other “backward” aspects of underdevelopment will be swept away."
Read more from Amy Chua's "A World on the Edge"
http://wilsonquarterly.com/quarterly/winter-2014-four-decades-of-classic-essays/a-world-on-the-edge/
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