"Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy"

This quote by Peter L. Berger is highlighting the value of democracy in a market economy. He is stating that a market economy can not exist without democracy, but democracy is not necessary for a market economy. This quote is highlighting the reality that democracy is a key factor in a market economy, as it allows for the free exchange of items and services, and the defense of private rights. It likewise permits the fair distribution of resources and the protection of minority rights. Without democracy, a market economy would be not able to function properly, as it would lack the needed checks and balances to ensure fairness and equality. This quote is likewise emphasizing the importance of democracy in a society, as it is the structure of a healthy and flourishing economy.