Quote:Not at all. Your vast explosion of wealth exists for about 10% of the world’s population.
It's a bit more these days.
Quote:The rest of the world clamours for the crumbs, as they always have.
And poo on each other's plates. If they stopped doing that, they would not be asking us for crumbs.
Quote:The vast explosion of industrial development has NOTHING to do with parliamentary democracy
True, it started out as more subtle forms of pluralism, rights and freedoms. Parliamentary democracy is the final stage, or at least, the current stage. But the industrial revolution was entirely reliant on those freedoms. Where those freedoms went, industrialisation followed and thrived, and people grew wealthy. This is where you miss the point and pretend the GFC put us back in the stone age.
Quote:Germany managed it under Fascism
For how long? Germany benefited from many reforms imposed by the French, as did much of western Europe. The map of the French empire is an astonishingly good predictor of modern wealth in western europe. The French Revolutionaries were unashamed cultural imperialists, and the world benefited greatly from this. The fascists would have destroyed this, given a little time.
http://en.wikipedia.org/wiki/Napoleon
He implemented a wide array of liberal reforms across Europe, including the abolition of feudalism and the spread of religious toleration. Quote:the Japs under the Meiji empire
http://en.wikipedia.org/wiki/Meiji_period
This period represents the first half of the Empire of Japan during which Japanese society moved from being an isolated feudal society to its modern form. Fundamental changes affected its social structure, internal politics, economy, military, and foreign relations.
The first reform was the promulgation of the Five Charter Oath in 1868, a general statement of the aims of the Meiji leaders to boost morale and win financial support for the new government. Its five provisions consisted of the:
Establishment of deliberative assemblies;
Involvement of all classes in carrying out state affairs;
Revocation of sumptuary laws and class restrictions on employment;
Replacement of "evil customs" with the "just laws of nature"; and
An international search for knowledge to strengthen the foundations of imperial rule.Guess what Karnal - those reforms caused the economic growth of Japan, and the institutions paved the way for functioning representative democracy, despite the detour into fascism.
Quote:the Soviets under Bolshevism
For a long time people thought this would work. You probably still do. It didn't. Russia achieved a great improvement in efficiency by moving people from the land, who were superfluous to the labor needs, into industrialisation. It was a top-down effort that attempted to mirror what was happening to the west, but it was a facade, and it crumbled. It worked a lot better than other empires at the time, who forbade industrialisation in one way or another, but it could not compare with a liberal democracy.
Quote:and China today under its own one-party croney dynasty
Like I pointed out, there are two key reason's for China's boom - population control, and freedoms that the dynasty is yielding to the people. If it continues yielding more freedoms, the boom will continue. If it doesn't, it will go the same way as Russia.
Quote:Britain was not a democracy during the industrial revolution
The industrial revolution was reliant on various forms of pluralism that lead eventually to complete democracy. The two went hand in hand. The same pattern has happened with many previous empires. They thrived while they yielded freedoms and political power to their people. The ones that went back collapsed. Britain went all the way.
Quote:and the US does not call itself a democracy at all - it prefers to call itself a republic
I agree that this is peculiar, but they are still a democracy, aren't they?
Quote:The transition to development is always managed outside the constraints of democracy. The US had robber barons in both industry and government - still does.
They are a barrier, not a cause, of growth.
Quote:The British gave the vote to a minor elite of landlords and industrialists.
It benefited greatly from doing so, and benefited even more when the vote was extended to more people. These were hard-won gains.
Quote:The whole of south east Asia - so-called tiger economies - has grown through nepotistic deals between a ruling dynasty and their appointed oligarchs.
Would you include Singapore, Japan and South Korea in this?
Quote:Same in Russia after the fall of the Iron Curtain, same in Latin Amerika after the Cold War.
And how well is that working out for them? The economic success of Latin American countries matches very closely their freedoms and democratic institutions. They are a good example of the important of pluralistic social institutions over 'nominal' parliamentary democracy.