We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today.

...Most businesspeople are upright citizens; but that does not change the fact that business is conducted for private gain and not for the public benefit. The primary responsibility of management is to the owners of the business, not to some nebulous entity called the public interest—although enterprises often try, or at least pretend, to be acting in a public-spirited way because that is good for business. If we care about universal principles such as freedom, democracy, and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.