if they actually believed “markets” to lead to democracy, that seems to me they conflated democracy (rule of the people) with capitalism (rule of capital)... m

if they actually believed “markets” to lead to democracy, that seems to me they conflated democracy (rule of the people) with capitalism (rule of capital)... my opinion: they are not at all the same thing, and it was naive to think it would happen in china (markets existed a long time before capitalism even existed and democracy was quite the no-show for a long time)