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Exporting free market economies outside of the west:

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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-23-07 01:16 PM
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Exporting free market economies outside of the west:

"To summarize, there is always an inherent instability in free market democracy. None of the Western democracies today faces this instability in its most explosive form: when the wealthy minority is also a hated, ethnic "outsider" group. Even so, every one of the Western democracies has alleviated the potential conflict between the rich few and the poor many through a host of devices, past and present, such as extensive social safety nets and redistribution, gradual expansion of the suffrage, upward mobility, and even racism. It is important to recognize, as we export free market democracy to the non-Western world, that many of these stabilizing devices do not exist in the developing world, that some of them are unsavory, and that others are, practically speaking, unreproducible. "

World on Fire by Amy Chua
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