Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth and How to Fix Itby By Dr. Dambisa Moyo May 11, 2018
From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy
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.
“It is studded with factoids and research findings that readers will no doubt find interesting…The best part is her warning that the free-market capitalism that has lifted millions of people out of poverty in the past half-century may be facing severe tests.”―Wall Street Journal
“Edge of Chaos represents an important warning that America’s global clout and the global order itself are ‘under threat.'”―National Review
“These ideas arrive as something of a relief…”―Financial Times
“The author’s program of remedy is provocative and of much interest to advocates of growth. Moyo clearly identifies systemic problems that the democracies-or what’s left of them-would do well to address.”―Kirkus Reviews