How would debt cancellation cause democracy to increase? It seems to be that in the absence of certain cultural+political structures, money strengthens autocracy. The money from those debts, in many cases, did little but line the pockets of dictators.
China's a great example. They've become rich, and many commentators thought that meant they'd adopt liberal democracy. If anything, they're sinking further into totalitarianism.
How would debt cancellation cause democracy to increase? It seems to be that in the absence of certain cultural+political structures, money strengthens autocracy. The money from those debts, in many cases, did little but line the pockets of dictators.
China's a great example. They've become rich, and many commentators thought that meant they'd adopt liberal democracy. If anything, they're sinking further into totalitarianism.