“In general dictators have not done better at [economic] policies than democrats—far from it. Most dictators have ravaged their countries for personal gain. Scholars have asked whether democracy helps or hurts the economic growth of poor countries and despite many surveys, have come to no conclusive answer.”

— Adam Przeworski

Source: Fareed Zakaria (2007) The Future of Freedom. p. 251

Adopted from Wikiquote. Last update June 3, 2021. History

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Adam Przeworski 13

Polish-American academic 1940

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“If we were to ask which country is the most corrupt in the world, the first answer to come to mind would be dictated by the perceived level of corruption. Perhaps one might think of Mexico, of South American countries, of African countries, of the Middle East or Italy. But the most corrupt is the UK. It’s not a type of a corruption that concerns civil servants, policemen or mayors; it’s a type of a corruption that is consubstantial to economic system. The British economic system feeds itself on corruption. And in the midst of this, the British government and its citizens have not woken up to the plight that their country is going through. A plight greater than earthquakes, greater than terror attacks.”

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“Economic liberalisation is a world phenomenon. Socialist countries, capitalist countries, all of them, have to take to liberalisation. The liberalisation took place first in Britain, then in the United States under President Reagan, these were not liberalising from a socialist system. I think it is because of the stage of economy which the world has reached at present and the stage of technology. At every historical and technological and economic age there are policies which would be suitable for that period and countries. We have to adopt policies, dictated by the circumstances and the necessities of the time.”

K. R. Narayanan (1920–2005) 9th Vice President and the 10th President of India

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“Tin-pot dictators have ravaged Asia, Latin America and Africa. In the aftermath, they have done more to promote communism than the works of Marx and Engels, Lenin and Mao.”

Zulfikar Ali Bhutto (1928–1979) Fourth President and ninth Prime Minister of Pakistan

Source: Letter to his daughter (1978), p. 63.
Context: Tin-pot dictators have ravaged Asia, Latin America and Africa. In the aftermath, they have done more to promote communism than the works of Marx and Engels, Lenin and Mao. They are the worst tyrants of the post-colonial period. They have destroyed time-honoured institutions and treated their people like animals. They have caused internal divisions and external confusion. The dictator is the one animal who needs to be caged. He betrays his profession and his constitution. He betrays the people and destroys human values. He destroys culture. He binds the youth. He makes the structure collapse. He rules by fluke and freak. He is the scourge and the ogre. He is a leper. Anyone who touches him also becomes a leper. He is the upstart who is devoid of ideals and ideology. Not a single one of them has made a moment's contribution to history.

“The economic policy issues that we debate today—trade policy, inflation, the proper role of government, the eradication of poverty, and the means of raising the rate of economic growth—have been discussed by economists for more than two centuries. Many of today’s economic policies—both the good ones and the bad—are the result of the ideas of those past economists. And many of today’s debates about economic policy can be understood only by those who have at least some familiarity with the ideas of earlier economists.
The giants of economic science during the past two hundred years have been men concerned with the critical policy issues of their time. They studied the working of the economy in order to advocate better economic policies. But despite their concern with policy, they were not polemicists or politicians but men who sought to persuade their contemporaries in government and in the broader public by analysis and evidence that would meet the standards of professional debate.”

Martin Feldstein (1939–2019) American economist

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“By leveraging their freedom from the bonds of location, corporations could now dictate the economic policy of governments.”

Joel Bakan (1959) Canadian writer, musician, filmmaker and legal scholar

Source: The Corporation: The Pathological Pursuit of Profit and Power (2004), Chapter 1, The Corporation's Rise To Dominance, p. 22

“The last 60 years have seen collapse of many democracies. For a poor country, it is more difficult to sustain a democracy. From poverty, we have come to being a developing nation. Not only did we survive, we have the distinction of becoming world’s largest democracy.”

Arun Jaitley (1952–2019) Indian politician

On the occasion of the Indian Parliament completing 60 years, as quoted in " Democracy is behind our growing global stature says PM http://www.abplive.in/india-news/democracy-is-behind-our-growing-global-stature-says-pm-153064", ABP Live (13 May 2012)

“The simple answer to the question with which we began is that we do not know whether democracy fosters or hinders economic growth.”

Adam Przeworski (1940) Polish-American academic

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“If FC Porto was a club of a country with another economical power, it could have done a striking season in Europe. That team was the best I have ever coached. It was destroyed due to economical factors.”

José Mourinho (1963) Portuguese association football player and manager

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“Well, I would say that, as long-term institutions, I am totally against dictatorships. But a dictatorship may be a necessary system for a transitional period. At times it is necessary for a country to have, for a time, some form or other of dictatorial power. As you will understand, it is possible for a dictator to govern in a liberal way. And it is also possible for a democracy to govern with a total lack of liberalism. Personally I prefer a liberal dictator to democratic government lacking liberalism.”

Friedrich Hayek (1899–1992) Austrian and British economist and Nobel Prize for Economics laureate

Interview in El Mercurio (1981)
1980s and later
Context: Well, I would say that, as long-term institutions, I am totally against dictatorships. But a dictatorship may be a necessary system for a transitional period. At times it is necessary for a country to have, for a time, some form or other of dictatorial power. As you will understand, it is possible for a dictator to govern in a liberal way. And it is also possible for a democracy to govern with a total lack of liberalism. Personally I prefer a liberal dictator to democratic government lacking liberalism. My personal impression — and this is valid for South America — is that in Chile, for example, we will witness a transition from a dictatorial government to a liberal government. And during this transition it may be necessary to maintain certain dictatorial powers, not as something permanent, but as a temporary arrangement.

“Economists can take a good deal of credit for the stabilization policies which have been followed in most Western countries since 1945 with considerable success. It is easy to generate a euphoric and self-congratulatory mood when one compares the twenty years after the first World War, 1919-39, with the twenty years after the second, 1945-65. The first twenty years were a total failure; the second twenty years, at least as far as economic policy is concerned, have been a modest success. We have not had any great depression; we have not had any serious financial collapse; and on the whole we have had much higher rates of development in most parts of the world than we had in the 1920’s and 1930’s, even though there are some conspicuous failures. Whether the unprecedented rates of economic growth of the last twenty years, for instance in Japan and Western Europe, can be attributed to economics, or whether they represent a combination of good luck in political decision making with the expanding impact of the natural and biological sciences on the economy, is something we might argue. I am inclined to attribute a good deal to good luck and non-economic forces, but not all of it, and even if economics only contributed 10 percent, this would amount to a very handsome rate of return indeed, considering the very small amount of resources we have really put into economics.”

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1960s, The economics of knowledge and the knowledge of economics, 1966, p. 9

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Adam Przeworski 13

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