Blue Balloon

“There can be no liberty unless there is economic liberty.” - Margaret Thatcher

It doesn’t sound as romantic as you’d like, but probably economic liberty is a more fundamental kind of freedom than political liberty. The past few years, China entered capitalistic reform. Now, the leaders of its autocra

tic ex-communistic regime start thinking of turning to democracy. The steps towards political freedom are minor for the moment and the process, if successful, will probably take long. But it’s totally amazing that, under other circumstances, it would take a bloody revolution for such a turn. It’s a ‘capitalistic revolution‘ this time that paves the way for a peaceful democratic reform.