Friday, October 24, 2003

Johan Norberg, In Defense of Global Capitalism

Buy it here.

Chapter: Democratization.

Paragraph 1:

The accelerating spread of information and ideas throughout the world, coupled with rising education standards and growing prosperity, is prompting demands for genuine political rights. Critics of globalization maintain that a dynamic market and international capital are a threat to democracy, but what they really see threatened is the use that they would like to make of democracy. Never before in human history have democracy, universal suffrage, and the free formation of opinion been as widespread as they are today.

Emphasis Norberg's.

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