Chicken or egg: democracy vs economic growth – case Thailand

With 2011, a wave of unrest descended upon the MENA. What became later known as “Arab Spring“ represented a ragged set of uprisings throughout MENA countries including Tunisia, Egypt, Libya, etc. The vision of those uprisings was but one, at least initially, as it could be heard on every street and square, shouted or screamed … Continue reading Chicken or egg: democracy vs economic growth – case Thailand

is democracy bad for growth?

Why did China outperform India? "Shanghai Theory of Economic Growth" Infrastructures Strong government State capitalism and government ownership Democracy is a hindrance to growth It is neither infrastructure (Soviet Union vs China before 1989) nor strong government (Pakistan vs India by 2008) nor state capitalism (success of Korea, Singapore vs failures Burma and DPRK). So why did … Continue reading is democracy bad for growth?

what bee hives and ants can teach about democracy and common good

When spring comes, bee hives divide into two, one group staying in, the other looking for new home. It’s not the queen assigning “home-searching scouts” but older bees. Scouts fly off looking for places and announce their finds by special dance moves, describing routes to their finds – more dancing for better spots. Similarly for … Continue reading what bee hives and ants can teach about democracy and common good

The real message of Žižek

Who is Slavoj Žižek? According to the following excellent article, he is the Magician of Ljubljana. Intellectuals possess a special kind of power. Unlike politicians, generals, or corporate bosses, they lack both the authority and the ability to impose their will directly on others. They must therefore rely on “symbolic capital,” a term the historian … Continue reading The real message of Žižek

From the second hot war into Cold War

May 1945. The WW2 was over. The shattered financial and industrial worlds were given band-aid remedies in guise of Bretton-Woods (giving birth to IBRD, World Bank and IMF). Soon enough, few new states emerged (Israel), few split apart (India and Pakistan) and in few, liberal discontents led the way eventually winding up with democratic governments … Continue reading From the second hot war into Cold War

The biggest democratic failure of 20th century

The World War I was over. German Revolution was declared a success and Weimar republic was proclaimed. But the suffering from the Great Depression and unfavorable conditions of Treaty of Versailles couldn’t not help but widen the gap of declared system of parliamentary democracy and the harsh political and economic reality of the country. Important … Continue reading The biggest democratic failure of 20th century