According to the celebrated British historian Perry Anderson’s new book, India’s democracy is actually a sham. Anderson’s harsh Marxist critique is convincing in many ways, but undercut by his indifference to the distinctive characteristics of India’s politics and economy.
In its recent round of reforms, China replaced the word "basic" with "decisive" to describe the role of markets in China's economy. Although this is a substantial breakthrough, it would be a mistake to think that it is conclusive: to make the market decisive, the state must also retreat.
Books & Reviews
A new book by Paul Collier argues for a global system of coercive quotas on people moving from poorer countries to richer ones. But instead of presenting a convincing case for a moderate middle path, the book offers an egregious collection of empirical and logical errors about immigration’s supposed negative consequences.
In the Magazine
Obamacare’s success will not mean a leap to socialism, nor would its failure mean the end of liberalism. What the ACA really represents is yet another step on the United States' long, halting journey away from the classical liberal capitalist state and toward a peculiarly American version of social democracy.