For The First Time Ever, A Majority Of The World’s Population Is Dissatisfied With Democracy
Submitted by Eric Peters, CIO of One River Asset Management
“2005 marked the beginning of the global democratic recession,” wrote Cambridge University’s “Global Satisfaction with Democracy 2020″ report.
“That year also marked the all-time high point for satisfaction with democracy.” In 2005, just 38.7% of citizens globally were dissatisfied with democracy. “Since then, the proportion of dissatisfied citizens has risen by 18.8% to an all-time 57.5% high.”