Dambisa Moyo: Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth—and How to Fix It

Abstract

Around the world, people who are angry at stagnant wages and growing
inequality have rebelled against established governments and turned to
political extremes. Liberal democracy, history's greatest engine of growth,
now struggles to overcome unprecedented economic headwinds--from
aging populations to scarce resources to unsustainable debt burdens.
Hobbled by short-term thinking and ideological dogma, democracies risk
falling prey to nationalism and protectionism that will deliver declining
living standards. In Edge of Chaos, Dambisa Moyo shows why economic
growth is essential to global stability, and why liberal democracies are
failing to produce it today. Rather than turning away from democracy, she
argues, we must fundamentally reform it. Edge of Chaos presents a radical
blueprint for change in order to galvanize growth and ensure the survival of
democracy in the twenty-first century.