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Archive for December 27th, 2011

The domino theory was wrong because communism in its pure form has been unable to generate a sustaining economic model better than capitalism.  Democracy has actually had more trouble getting established than capitalism because enlightened communist states (which do not include North Korea) have been realizing they can hold on to political power if they loosen up on the economic reins.  By introducing modest economic freedom, they have been able to enjoy continued political domination — we see that on a huge scale in China and Russia, and now we see it here in Vietnam.  These regimes have learned that acknowledging and accommodating economic spirit is the only way to hold on to political power, and that as long as people have economic rights, they may not be so concerned about human rights.  America was founded on the opposite principle — that human and political rights must come first — but these states are turning that theory on its head with some surprising success.
   —    Mark J. Penn
From his book:  “Microtrends
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