How the mafia learned to love the free market
Democracy and free markets are intimately connected to organised crime, notes Federico Varese in this new book, Mafia Life, his wide-ranging exploration of global mafias. Authoritarian regimes don't scruple to stamp out their power, he explains, while democracies often come up short.
Powerful mafias emerged in Sicily, Japan and Russia as their societies underwent a sudden transition to the market economy, abetted by weak legal structures. When the Soviet Union collapsed, Varese suggests, the West was focused on the rush to privatisation, when it should have been helping to strengthen legal institutions. It was a costly error.
The Telegraph London
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