For capitalism flourishes best in a mobile and egalitarian society

The passing of Marxism-Leninism first from China and then from the Soviet Union will mean its death as a living ideology ... . For while there may be some isolated true believers left in places like Managua, Pyongyang, or Cambridge, MA.

Economic activity is carried out by individuals in organisations that require a high degree of social co-operation

The desire for economic prosperity is itself not culturally determined but almost universally shared

If people who have to work together in an enterprise trust one another it is because they are all operating to a common set of ethical norms....such a society will be better able to innovate...since the high degree of trust will permit a wide variety of social relationships to emerge.

In the future the optimal form of industrial organization will be neither small companies nor large ones but network structures that share the advantages of both.

For capitalism flourishes best in a mobile and egalitarian society