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Jul 26, 2014 · Our theoretical and empirical analysis detects clear and distinct tension between capitalism and democracy. It is apparent that capitalism can prosper under both democratic and authoritarian regimes but that so far, democracy has existed only with capitalism.
- Wolfgang Merkel
- wolfgang.merkel@wzb.eu
- 2014
Explaining the current predicament of democratic regimes is not easy. To some, the main culprit is contemporary capitalism, which, due to economic globalization, escaped the regulatory regimes of
Mar 11, 2020 · Democracy and capitalism coexist in many variations around the world, each continuously reshaped by the conditions and the people forming them. Increasingly, people have deep concerns about...
Oct 1, 2014 · Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit-oriented trade within capitalism...
- Wolfgang Merkel
Jul 10, 2021 · Global capitalism seems to be placing democracy, especially liberal democracy, under considerable stress. Support for populism has surged, especially for extreme right parties with populist and authoritarian programs.
Mar 30, 2012 · In the decades to come the nature of the political regimes will be an unreliable predictor for the geopolitical alliances to emerge; and it is the blurring borders between democracies and authoritarian capitalism, rather than the triumph of democracy or the resurgence of authoritarianism, that defines the global political landscape.
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Despite the fact that nearly half the countries today are democracies, most of these will lapse back into authoritarian regimes. Because most democracies fail at both democracy and a market economy, we need to understand why a small number of countries are able to sustain both.
