At the close of the Constitutional Convention in Philadelphia on September 18, 1787, a Mrs. Powell anxiously awaited the results, and as Benjamin Franklin emerged from the long task now finished, she asked him directly: "Well, Doctor, what have we got, a republic or a monarchy?" Franklin replied, "A republic, if you can keep it."
The First Amendment reads more like a dream than a law, and no other nation, so far as I know, has been crazy enough to include such a dream among its fundamental legal documents. I defend it because it has been so successful for two centuries in preserving our freedom and increasing our vitality, knowing that all arguments in support of it are certain to sound absurd.
...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.
Source: Open Society: Reforming Global Capitalism, Pages: xii
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.
Source: Open Society: Reforming Global Capitalism, Pages: xi
The liberty of a democracy is not safe if the people tolerate the growth of private power to the point where it becomes stronger than their democratic State itself. That, in its essence, is Fascism -- ownership of government by an individual, by a group, or by any controlling private power.