Council on Foreign Relations: Markets Do Not Democracy Make

[quote=“Doug Ireland”]…a new study of 150 countries, to appear in the September-October issue of the archi-establishment journal Foreign Affairs (published by the Council on Foreign Relations), demonstrating how the conventional wisdom which says that free market economies inevitably bring democracy in their wake is a myth. …

[The authors] shred the prevailing notion in U.S. political discourse from both wings of the bi-partisan duopoly: namely, "that market liberalization is the most reliable path to democracy. Economic openness, it was reasoned, leads to the emergence of an educated and entrepreneurial middle class that over time, will start to demand more and more control over its own fate. But something went wrong in China, Russia and other states where authoritarian regimes loosened the economic reins. Economic growth arrived but liberal democracy is still nowhere is sight. …

"Examples abound of how autocrats limit coordination goods. Consider China’s long history of restricting access to the Internet and other media. Or Russia, where President Vladimir Putin has placed all national television networks under strict state control and eliminated elections for regional leaders. Or Venezuela, where last year President Hugo Ch

As a very long time FA subscriber…my only comment is this…from the article:[quote]""Examples abound of how autocrats limit coordination goods. Consider China’s long history of restricting access to the Internet and other media. Or Russia, where President Vladimir Putin has placed all national television networks under strict state control and eliminated elections for regional leaders. Or Venezuela, where last year President Hugo Ch