A Quote by John Lanchester

Why should the idea of Western liberal democracy automatically imply unregulated free-market capitalism? — © John Lanchester
Why should the idea of Western liberal democracy automatically imply unregulated free-market capitalism?
It should be no surprise that religion in the non-western world has failed to disappear under the juggernaut of industrial capitalism, or that liberal democracy finds its most dedicated saboteurs among the new middle classes.
We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.
We see threats to liberal democracy coming from lots of directions. We have to create something new, a common response, because in so many places - the UK, France, Germany - ultranationalists and the far left threaten the free market and liberal democracy.
I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.
All the evils, abuses, and iniquities, popularly ascribed to businessmen and to capitalism, were not caused by an unregulated economy or by a free market, but by government intervention into the economy.
It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
Ignorance, as well as disapproval for the natural restraints placed on market excesses that capitalism and sound markets impose, cause our present leaders to reject capitalism and blame it for all the problems we face. If this fallacy is not corrected and capitalism is even further undermined, the prosperity that the free market generates will be destroyed.
Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.
People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.
We live in a capitalistic society, don't we? Our country is based on the idea of the free market. Why not incorporate that free-market ideal into your career as a mixed martial artist?
Liberal comes from the Latin liberalis, which means pertaining to a free man. In politics, to be liberal is to want to extend democracy through change and reform. One can see why that word had to be erased from our political lexicon.
The biggest lie of all is that capitalism is democracy. We have no way of understanding democracy outside of the market, just as we have no understanding of how to understand freedom outside of market values.
Those who believe that liberal democracy and the free market can be defended by the force of law and regulation alone, without an internalised sense of duty and morality, are tragically mistaken.
Whatever market for manufactured goods emerged in colonial and dependent countries did not become the "eternal market" of these countries. Thrown wide open by colonization and by unequal treaties, it became an appendage of the "internal market" of Western capitalism.
The greatness of America is capitalism, free market capitalism. The exceptionalism of American business.
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