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Powering the Global Diffusion of Democracy. Totalitarian regimes’ systemic failure Unable to grow fast enough to deliver economic progress to their populations. New communications technologies Broke the ability of the state to control access to uncensored information.
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Powering the Global Diffusion of Democracy • Totalitarian regimes’ systemic failure • Unable to grow fast enough to deliver economic progress to their populations. • New communications technologies • Broke the ability of the state to control access to uncensored information. • Thomas Jefferson, author of the Declaration of Independence and third President of the United States, “Information is the currency of democracy.” • Economic advances of the last quarter century • Emergence of increasingly prosperous middle and working classes who have pushed for democratic reforms that sanctify property rights • Political freedoms spurs economic freedoms spurs market performance • Generating jobs, increasing income, creating wealth