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Democracy and Economic Growth: An Intricate Tangle
This chapter examines the intricate relationship between democracy and economic growth, suggesting that democracy thrives in prosperous economies while exploring the implications of this connection. It highlights contrasts between Western Europe and the U.S., emphasizing differing levels of political stability and societal values despite varying growth rates. The discussion also critiques mainstream narratives surrounding technology adoption and economic success, advocating for a focus on the needs of lower and middle-class populations to ensure inclusive growth.