Quote by Peter L. Berger

Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

Let me say again that the relationship is asymmetrical: ther

Summary

This quote emphasizes the asymmetrical nature of the relationship between democracy and a market economy. It suggests that while a market economy is a necessary component for the functioning of a democracy, the reverse is not necessarily true. In other words, a democratic system requires the presence of a market economy to function effectively. However, it is possible to have a market economy in place without having a full-fledged democratic system. This quote underscores the importance of a market economy in supporting democratic governance.

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By Peter L. Berger

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