In the beginning of the 1990s, Samuel Huntigton argued that the "third wave of democratization" would free the world from dictators, and spread the model of Anglo-American democracy worldwide. However, history took another path. Analyzing the recent democratic trends in countries like the Philippines, Brazil and Argentina, this article warns that "capitalism and democratic deepening are no longer compatible."
The Global Crisis of Legitimacy of Liberal Democracy
Focus on the Global South, October 2005