More intriguingly, in poll after poll, when Americans are asked what public institutions they most respect, three bodies are always at the top of their list: the Supreme Court, the armed forces, and the Federal Reserve System. All three have one thing in common: they are insulated from the public pressures and operate undemocratically. It would seem that Americans admire these institutions, preciselly because they lead rather than follow.
Fareed ZakariaThe twentieth century was marked by two broad trends: the regulation of capitalism and the deregulation of democracy. Both experiments overreached.
Fareed ZakariaAndrew Moraviscik, one of the best American scholars of Europe, points out that once you exclude translators and clerical workers, the European Commission employs 2.500 officials, "fewer than any moderately sized European city and less than 1 percent of the number employed by the French state alone". As for its undemocratic nature, any new law it wishes to pass needs more than 71 percent of the weighted national-government votes - "a larger proportion than the required to amend the American Constitution".
Fareed ZakariaThe political history of the twentieth century is the story of greater and more direct political participation. And success kept expanding democracy's scope. Whatever the ailment, more democracy became the cure.
Fareed ZakariaWhat we need in politics today is not more democracy but less.
Fareed ZakariaIn the world of journalism, the personal Web site ("blog") was hailed as the killer of the traditional media. In fact it has become hailed as the killer of the traditional media. In fact it has become something quite different. Far from replacing newspapers and magazines, the best blogs-and the best are very clever- have become guides to them, pointing to unusual sources and commenting on familiar ones. They have become mediators for the informed public.
Fareed ZakariaEdmund Burke once described society as a partnership between the dead, the living, and the yet unborn. It is difficult to see in the evolving system who will speak for the yet unborn, for the future.
Fareed ZakariaLegitimacy is the elixir of political power. "The strongest is never strong enough to be the master", Jean-Jaques Rousseau observed, "unless he translates strength into right and obedience into duty". Only democracy has that authority in the world today.
Fareed ZakariaEighty years ago, Woodrow Wilson took America into the twentieth century with a challenge to make the world safe for democracy. As we enter the twenty-first century, our task is to make democracy safe for the world.
Fareed Zakaria...during the Asian financial crisis the United States and other Western countries demanded that the Asians take three steps--let bad banks fail, keep spending under control, and keep interest rates high. In it own crisis, the West did exactly the opposite on all three fronts.
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