9571. Rethinking Liberalism: An Interview with Hernando de Soto
- Publication Date:
- 03-2009
- Content Type:
- Journal Article
- Journal:
- The Journal of Diplomacy and International Relations
- Institution:
- School of Diplomacy and International Relations, Seton Hall University
- Abstract:
- The conventional wisdom that democracy and free market capitalism provide the best means available to achieve a high standard of living has come under attack. Many believe the current financial crisis is evidence that global capitalism has the potential to create a level of misery that is intolerable. Moreover, even before the crisis, sustained economic growth in certain countries seemed to contradict the widely held assertion that political liberalization inevitably accompanies its economic counterpart (as evidenced by the rise of China). Such challenges to the intellectual order behoove us to seek perspective on how and why these systems that underpin our economic and political interactions succeed or fail, and what their futures may be. In a recent interview with the Journal , Hernando de Soto helps us do exactly that.
- Political Geography:
- China