Mention737486
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so:text | Unlike what neo-liberals say, market and democracy clash at a fundamental level. Democracy runs on the principle of 'one man , one vote'. The market runs on the principle of 'one dollar, one vote'. Naturally, the former gives equal weight to each person, regardless of the money she/he has. The latter give greater weight to richer people. Therefore, democratic decisions usually subvert the logic of market. (en) |
so:isPartOf | https://en.wikiquote.org/wiki/Ha-Joon_Chang |
so:description | Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008) (en) |
qkg:hasContext | qkg:Context363197 |
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qkg:Quotation699450 | qkg:hasMention |
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