An economy oriented toward production for market exchange provides the optimal conditions for long-lasting and ever-expanding productive capacity based on modern technology.

It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term

East Asia confirms the superior capacity of industrial capitalism in raising the material standard of living of large masses of people.

I'm sure Putnam is right that there's been a decline in certain kinds of organizations like bowling leagues. But people participate in communities in other ways.

The basic fault lines today are not between people with different beliefs but between people who hold these beliefs with an element of uncertainty and people who hold these beliefs with a pretense of certitude

If a socialist economy is opened up to increasing degrees of market forces, a point will be reached at which democratic governance becomes a possibility.

Capitalism has been one of the most dynamic forces in human history, transforming one society after another, and today it has become established as an international system determining the economic fate of most of mankind.