For all its faults, democracy is still better than autocracy

All the evidence shows that despotism cannot consistently deliver the economic goods for developing countries

Financial Times
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For all its faults, democracy is still better than autocracy

Democracy prevents dire outcomes because it has built-in methods of correction.

Martin Wolf

Last week, I discussed the poor state of democracy in a webinar organised by an Indian media organisation. After my presentation, a member of the audience asked why Indians should be interested in democracy at all. Was it not a western idea foisted upon the rest of the world? Would developing countries not be better off with traditional autocracies?

I was both disturbed and pleased by this question — disturbed because it says something when a member