The overwhelming evidence suggests that authoritarian regimes are more efficient economically than liberal democracies.

Question

Quizplus · Accepted Answer

While authoritarian regimes may exhibit short-term economic gains due to their ability to make quick decisions, in the long run, the lack of political freedom, rule of law, and transparency can lead to corruption, economic stagnation, and social unrest. In contrast, liberal democracies may have slower decision-making processes but tend to have more stable and sustainable economic growth. Furthermore, the societal benefits of democracy, such as individual freedom, human rights, and the protection of private property, cannot be ignored in assessing economic systems.

The Overwhelming Evidence Suggests That Authoritarian Regimes Are More Efficient