Playing at Democracy – Businessamlive

– Kaushik Basu
Kaushik Basu, a former chief economist of the World Bank and chief economic adviser to the Government of India, is Professor of Economics at Cornell University and a non-resident senior fellow at the Brookings Institution.

NEW DELHI – Democracy is under threat around the world, but not because dictators are overthrowing elected governments and seizing power. While authoritarian takeovers still make headlines, they are no longer the greatest threat to free societies. The real danger is more insidious: a gradual yet profound transformation of our democratic systems.

On the surface, these systems appear to be functioning as they should. Elections are being held, and…

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