Economic Growth and Evolution of Political Institutions
The economic success of authoritarian regimes, mainly in Asia, suggests that (at least in the short term) economic growth is independent from the democratisation of political institutions. However, economic development favours the development of democratic institutions—but only if economic growth leads to substantial changes in cultural and social structures. (R. Inglehart, "La società postmoderna"). The "World Values Survey", which captures political values in 43 countries, shows that no country with a per capita income below the poverty line has democratic or free institutions. Almost the totality of nations with high per capita income are classified as democratic.
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Famous quotes containing the words economic growth, economic, growth, evolution, political and/or institutions:
“Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence.”
—Hannah Arendt (1906–1975)
“A society in which everyone works is not necessarily a free society and may indeed be a slave society; on the other hand, a society in which there is widespread economic insecurity can turn freedom into a barren and vapid right for the millions of people.”
—Eleanor Roosevelt (1884–1962)
“Next to the right of liberty, the right of property is the most important individual right guaranteed by the Constitution and the one which, united with that of personal liberty, has contributed more to the growth of civilization than any other institution established by the human race.”
—William Howard Taft (1857–1930)
“The evolution of humans can not only be seen as the grand total of their wars, it is also defined by the evolution of the human mind and the development of the human consciousness.”
—Friedrich Dürrenmatt (1921–1990)
“The political core of any movement for freedom in the society has to have the political imperative to protect free speech.”
—bell hooks (b. 1955)
“There are no institutions in America: there are only fashions.”
—H.L. (Henry Lewis)