The most remarkable development of the last quarter of the twentieth century has been the revelation of enormous weaknesses at the core of the world's seemingly strong dictatorships.
The most successful modern states are those that have been able to harness the power of the market while maintaining a strong state capable of enforcing rules and providing public goods.
The most successful modern states are those that have been able to harness the power of the market while maintaining a strong state that can provide public goods and regulate private activity.
The great challenge of the modern world is to create institutions that are strong enough to govern effectively but also accountable and responsive to the needs of citizens.