"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 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.