"But we don't have an example of a democratic society existing in a socialist economy - which is the only real alternative to capitalism in the modern world"
- Peter L. Berger
About this Quote
Peter L. Berger is suggesting that commercialism is the dominant financial system in the modern-day globe, however it is not excellent. He thinks that socialism is the only sensible choice to capitalism, however an autonomous culture has actually never ever effectively existed under a socialist economy. The quote suggests that while socialism may be the remedy to a few of the imperfections of industrialism, it has not yet been verified to operate in a democratic culture.
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