Valuing the Deep State: A Nine-Part Series by Francis Fukuyama


Francis Fukuyama’s nine-part series on the advantages, dangers, and complications of bureaucratic autonomy. Francis Fukuyama A compilation of Francis Fukuyama’s nine-part series on valuing the deep state, originally published on his Frankly Fukuyama column via Persuasion. Part I: Valuing the Deep State Why the hostility towards the “deep state”? In the first installment of his series, Francis Fukuyama pushes back on anti-bureaucracy sentiment and makes the case that a high-capacity, professional, and impersonal state is critical to the success of any society. Part II: The Origin of States To understand the deep state, start by exploring human nature. Fukuyama traces how humans have … Continue reading Valuing the Deep State: A Nine-Part Series by Francis Fukuyama

Martin Wolf: in defence of democratic capitalism


The marriage of liberal economics and democracy has brought immense benefits to the world, but faces its toughest test in decades. What needs to be done? https://on.ft.com/3XHLZIr “Universal suffrage democracy is only a little over a century old. Capitalism is older. But, in its modern corporate form, it is not all that much older. The system democracy and capitalism combine to create is one of social co-operation through competition and consent. Competition is at the heart of both the economy and politics. But that competition occurs within the context of rules and values internalised by society and embedded in law. … Continue reading Martin Wolf: in defence of democratic capitalism