75 Quotes by Francis Fukuyama

But the simple availability of information about corruption tends not to produce genuine accountability because the politically active part of the population are members of clientelistic networks.

Politics emerges as a mechanism for controlling violence, yet violence constantly remains as a background condition for certain types of political change. Societies can get stuck in a dysfunctional institutional equilibrium, in which existing stakeholders can veto necessary institutional change. Sometimes violence or the threat of violence is necessary to break out of the equilibrium.

A free market, a vigorous civil society, the spontaneous “wisdom of crowds” are all important components of a working democracy, but none can ultimately replace the functions of a strong, hierarchical government. There has been a broad recognition among economists in recent years that “institutions matter”: poor countries are poor not because they lack resources, but because they lack effective political institutions. We need therefore to better understand where those institutions come from.