Democracy 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.”
About This Quote
Source Book: The Social Construction of Reality, 1966
Democracy requires markets, but markets can exist without democracy.
In simple terms: Markets can function without democratic rule.
Recognize limits of market freedom.
Themes
Mood
Type
When to use this quote
- policy making
- business strategy
- civil society
Key Concepts
Questions to Reflect On
- Can markets be truly fair without democracy?
- What safeguards are needed?
Markets may become oppressive without democratic checks.