A Question of Linkage: Capitalism, Prosperity, Democracy...

The simultaneous explosion of economic growth in still-authoritarian China and economic collapse in increasingly democratic Russia rekindles an old debate.

Issue: Spring 1994

The simultaneous explosion of economic growth in still-authoritarian China and economic collapse in increasingly democratic Russia rekindles an old debate concerning the relationship between democracy, capitalism, free markets, and economic development. There can be little doubt that the economy and the polity interact with each other, but the nature of that interaction is elusive.

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