14/06/2007 4:02:15 pm
Capitalism and Democracy. Morning in Washington, DC. The plane arrvied four hours too late yesterday night because of thunderstorms here, so we had to stop in Philadelphia. Soon off to various arrangements. The lunch conference is apparently full - 180 attendees - and C-Span (TV) is reported to broadcast it all.

Anyway, in today′s New york Times, there is a very interesting piece by Patricia Cohen. She writes about the optimism in the early 1990s that more capitalism would inevitably lead to democracy all over the world. This has so far proven not to be the case, with the Chinese dictatorship being one of the really persistent. She describes the current analyses with interesting references. Read it here.