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Heather Cox Richardson on History, Conservatism, and the Awakening of American Democracy

Democracy Paradox

CHAPTER

Capitalism, Democracy, and Authoritarianism

This chapter explores the connection between capitalism, democracy, and authoritarianism, discussing the impact of Pinochet's coup in Chile and the fallacy that democracy and capitalism always go hand in hand. It also delves into Nixon and Kissinger's tactics in Chile and how these tactics have resurfaced in democracies, particularly in the United States.

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