Thursday, 14 June 2007

Quote of the Day!

This breathless statement from Patricia Cohen in the IHT:

"Developments around the world have been tearing sizable holes in what has been a remarkably powerful idea, not only in intellectual circles, but also in Republican and Democratic administrations - that capitalism and democracy are two sides of the same coin, trends that reinforce each other."

'Does Capitalism Lead to Democracy, And How?' the article asks. Cohen quotes a who's who of political studies departments in the Unites States as they all scratch their heads and puzzle over why capitalism hasn't been democratizing the world as their theories insist it should.

My response to the above statement? ORLY?


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