Mohamed ElBaradei calls for reconciliation before the violence in Egypt’s streets spirals out of control.

M.E.B.: Morsi failed not because he is a member of the Brotherhood but because he failed to deliver. In a democracy, when you get 20 million people in the street, you resign. Unfortunately, we don't have a process of recall or impeachment like you have. It was a popular uprising rejecting Mr. Morsi's continuing in power. Unfortunately, people had to call on the army to intervene. The army had to intervene because short of that, we would have ended up in a civil war. People went to the street on the 30thof June and were not psychologically ready to go home until Morsi left office. Either it would have continued, with all the bloodshed that would have come with it, or Mr. Morsi had to leave. It would have been ideal for Mr. Morsi to resign, but he didn't.

So you have this esoteric discussion, whether this is a coup d'état. When you have 20 million people calling on Mr. Morsi to leave, and the army had to step in to avoid a civil war, does that make it a coup d'état? Of course not. It's not your classical army intervention. It's really the army providing support to a popular uprising. It was no different than what happened under [former president Hosni] Mubarak, except this time you had the Brotherhood and the Salafis—you had a country much more divided than during Mubarak's time, when he didn't have much support other than his apparatchiks. So they had to come in. But nobody wants to see the army back. The army itself understands that they cannot govern, they are unable to govern, and people don't want them to govern.

L.W.: Do you see Gen. [Abdel Fattah] al-Sisi?

M.E.B.: I talk to him all the time. ... This is a country with a lot of anger and irrational feelings, and we need to cool things down. The army has a role to play in protecting national security. But we the people need to make sure this is a transition to move towards democracy. We need to make sure we have a civilian president, a vice president, a government, and that they are in charge. We also need to make sure there is a proper division of labor between what the army has to do and between governance, which has to continue to rest with civilians. We need to make that transition right this time. As you remember, from Day 1, I thought we were heading in the wrong direction because we didn't have a constitution at the beginning.

L.W.: So you thought it was wrong to have elections before writing a constitution?

M.E.B.: Absolutely. If you look at my tweets, you will see from Day 1 I said we were heading in the wrong direction because you need to start with a constitution. This time we are starting with the constitution. We already have a committee of legal experts working on proposing amendments. We are going to have a constituent assembly of 50 people who we are going to select from all walks of life. Then we will go for parliamentary and presidential elections. I hope this whole process will be no more than nine months to a year. Then people will see we really want to move into a democracy.

Whether we are going to have a perfect democracy—of course not. You don't have it even in the U.S. And we are coming from five decades of a total authoritarian government. We are on occasion making mistakes, having hiccups on the road, as you saw a couple months ago, but we have to make corrections and move forward. Do we need democracy? Absolutely. Is democracy the way to go? Absolutely. Will a democratic Egypt have a tremendous positive impact on the Arab world and the region? Absolutely.

L.W.: Are you going to run for president?

M.E.B.: No, my role will have been completed to put the country on the right track. I think I will have done what I can do, and a change of generation is needed here. I would like to continue to be a coach, rather than an active player, after we move through the transition period.

L.W.: Where is Morsi?

M.E.B.: Morsi is in a place to protect him. There are charges levied against him. I think once we get the violence down and start a dialogue, a lot of these things could be checked. We aren't going to intervene with a court order, but there is a lot of room to see how we deal with possibly a safe exit for all the Muslim Brotherhood leadership who are not really involved in serious crimes.

L.W.: So there could be a safe exit for some Muslim Brothers?

M.E.B.: This is on the table.

L.W.: Where would they go?

M.E.B.: Whether they want to be here or go out of the country—these are issues to be discussed. [European Union representative] Catherine Ashton went to see [Morsi], and she said he's in good health.

L.W.: Do you think that Nelson Mandela set a great example with reconciliation—his idea of forgive but don't forget?

M.E.B.: If you ask me, forgetting and forgiving is what I would opt for. I'm not running the country, but I would definitely argue for forgiveness once we move forward. Tolerance. South Africa is a perfect example.

L.W.: You would like to see a pardon of the charges against Morsi?

M.E.B.: If they are not very serious, I would like to see a possible pardon as a part of a grand package. Because the fate of the country is much more important.

L.W.: People seem extremely angry—at Morsi, at the United States.

M.E.B.: Everybody is angry—we have 90 million people who are angry. Everybody thinks they have the solution. They are talking at each other, not to each other. We had a revolution two years ago, and we see a people moving from a completely authoritarian system into a democracy. They don't know how democracy works. They don't know the ingredients of a democracy. It takes time. There were a lot of expectations after the revolution—even unrealistic expectations, in many cases—that salaries would be doubled. None of that took place because of course you have a country that is ailing in many ways.

L.W.: Financially?

M.E.B.: Financially, economically, socially—in every respect. The gap between the rich and the poor, the poverty level, illiteracy—all of that is still there. What we need is anger management right now. Part of that is to lower the temperature in terms of violence and then have a dialogue. And once people start talking to each other, they will understand that this demonization of each other is just in their minds and not based in reality. I don't want to get into a witch-hunt situation. That's not where we should go. The last year was very bad. Mr. Morsi adopted a policy of exclusion. That backlash that you see right now is people saying, "We have been treated unfairly politically, economically, socially." He tried to impose social values that aren't sitting well with the majority of Egyptians, such as his own version of Islam, which is not shared by the majority of Muslims. The reaction right now is just anger. We tried to get even. But we shouldn't try to get even—we should try to reconcile.

L.W.: Who is the government's main contact with the Muslim Brotherhood?

M.E.B.: There hasn't been an organized dialogue between them and the government. There's a lot at the civil-society level. But once the violence is out of the way, we'd like to get some dialogue. I'd be happy to do it myself. I talked to the North Koreans—I should be able to talk to the Muslim Brotherhood. I believe in dialogue. That's the only way to move forward.

L.W.: What do you think about the anti-American sentiment that is so prevalent in Cairo?

M.E.B.: Again, this is part of the anger. Some of it is justified, a lot of it is not justified. There is a conspiracy theory that Americans propped up the Muslim Brotherhood. ... America is always a good target for a populist. In many countries, particularly authoritarian systems, if you want to get an extra bonus, you bash the Americans.

Mr. Morsi was democratically elected. It was an opportunity for the U.S. to reconcile with political Islam. ... If I were American, I would have done the same. The problem is that the Brotherhood failed miserably.

L.W.: The Saudis and the United Arab Emirates gave a huge amount of money to Egypt after Morsi left.

M.E.B.: They were so happy to be rid of them because for them, [the Muslim Brotherhood] was an imminent danger. And as a result, they are spraying money at us. Which is great. But again, we need to make sure things cool down here so we can use the money to jump-start the economy. It's good to get that money. But what I really care about is to make sure we get foreign direct investment and the tourists back.

In my view, our problem No. 1, 2, and 3 is economic development.