Dambisa Moyo’s Proposals for Saving Democracy

There are various other problems as well. She muddles the concept of change versus rate of change, declaring global productivity to be on the decline, though what she means is actually which the rate of growth of global productivity has been waning.

In any book so crammed with facts along with also figures, tiny errors are bound to creep in. The United States along with also Europe together have many more than 10 cities with populations above one million. India, with its sparkling 7 percent growth rate, can hardly be considered a laggard nation (as Moyo declares three times). Lastly, there’s the occasional infelicitous phrase, like “the leaders of leading nations.”

Turning to politics, Moyo documents how trust in government has fallen as polarization along with also gridlock have risen. just for This kind of, she blames “short-termism.” Eager to win elections, politicians make decisions to maximize voter support rather than those which could do the most for long-term growth. Meanwhile, in Washington, gridlock has slowed action to a crawl.

the item was not always thus along with also Moyo takes a valiant stab at explaining why. She cites the move in recent years toward more laissez-faire capitalism, the rise of the 24-hour news cycle, the emergence of social media along with also a shift in power toward corporations along with also wealthy philanthropists. Gerrymandering along with also an avalanche of political money, for both electoral campaigns along with also lobbying, are additional (along with also related) flaws.

These along with also various other villains dance across her stage before Moyo unveils her proposed fixes, all designed to reform the American political system to ensure which capitalism can flourish. They number 10, via the incontrovertible (getting money out of politics) to the incredible (imposing what amounts to literacy tests on could-be voters along with also weighting voting toward “the best-informed segment of the electorate”). Her various other ideas include longer terms for elected officials coupled with term limits, less gerrymandering along with also mandatory voting. There are oddities as well, like restricting the ability of successor governments to modify long-term agreements entered into by their predecessors along with also setting minimum qualifications for officeholders.

Helpfully, Moyo includes as an appendix a chart showing how 14 leading countries rank in terms of her goals for reforming democracy. By her tally, unsteady Mexico ranks at the top (having achieved all 5 of Moyo’s milestones) while Europe’s economic engine, Germany, ranks at the bottom, using a goose egg.

which may leave readers scratching their heads.