"Then finally, there's a good economic reason for choosing a liberal society because among the rights that liberalism protects is the right to own private property, to transact, to engage in commerce, and therefore it is the basis of a market economy. Liberal societies like England and the Netherlands in the 17th century, were the leaders in terms of creating the modern economic world precisely because they respected property rights and trade. Even Communist China, when it opened up in... 1978, did so by adopting certain liberal principles. Deng Xiaoping allowed peasants to keep the fruits of their labor, and as a result of those incentives, quasi-property rights, agricultural productivity doubled in the space of 4 years, and in general, the most dynamic parts of this amazing Chinese growth story come from the private sector where people are allowed to buy and sell, and... in effect to own property. So even in a... politically illiberal society, economic liberalism has led to tremendous prosperity. So those are the 3 reasons."
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Bloggers from the United StatesCritics from the United StatesCultural criticsSocial criticsConservatives from the United States
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https://en.wikiquote.org/wiki/Francis_Fukuyama
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Francis Fukuyama
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