Economic Growth and Evolution of Political Institutions
The economic success of authoritarian regimes, mainly in Asia, suggests that (at least in the short term) economic growth is independent from the democratisation of political institutions. However, economic development favours the development of democratic institutions—but only if economic growth leads to substantial changes in cultural and social structures. (R. Inglehart, "La società postmoderna"). The "World Values Survey", which captures political values in 43 countries, shows that no country with a per capita income below the poverty line has democratic or free institutions. Almost the totality of nations with high per capita income are classified as democratic.
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“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
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“The State is the altar of political freedom and, like the religious altar, it is maintained for the purpose of human sacrifice.”
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“You see how this House of Commons has begun to verify all the ill prophecies that were made of it—low, vulgar, meddling with everything, assuming universal competency, and flattering every base passion—and sneering at everything noble refined and truly national. The direct tyranny will come on by and by, after it shall have gratified the multitude with the spoil and ruin of the old institutions of the land.”
—Samuel Taylor Coleridge (1772–1834)