The US won the Cold War when the Soviet Union fell in 1991. The history of ideological conflict also ended, according to the American political scientist Francis Fukuyama. Electoral democracy had vanquished authoritarianism as the better way to govern a country, and free-market capitalism had defeated socialism as a better model for the economy.
Electoral democracy: The contest between electoral democracy with rival political parties on one hand and a one-party system of government on the other has not ended. The US is using its military power and hegemonic control of the global financial system to force Russia, China, Iran and Venezuela, which it claims are not democratic countries, into submission. This is ironic because citizens in the US are fed up with its system of democracy. A New York Times/Siena College poll in October 2024 revealed that 45% of Americans believe that US democracy doesn't do a good job of representing the people, and as many as 76% believe it is under threat from internal corruption and inadequacies (as distinct from foreign interference).
Denne historien er fra November 14, 2024-utgaven av Mint Mumbai.
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Denne historien er fra November 14, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Heavy selling by FPIs likely due to India's good returns
Govt to continue to rationalize duties as part of its efforts to build an investor-friendly nation
Energy transition to be delayed amid Trump's oil push
Energy transition, or the shift away from fossil fuels to renewable sources, remains crucial to combating climate change, but the progress could slow as US president Donald Trump pushes for boosting domestic oil and gas production, Jérôme Sevin, partner and global lead for energy and process industry at consulting firm Kearney, said.
Merchandise trade deficit widens in Jan
India's foreign trade has been hit by weak demand in major markets, geopolitical tensions, volatile commodity prices
Indian markets have detected a chill in India's American ties
Trump seems to have ended the 'Howdy Modi' era's camaraderie
New exercises to switch things up on bicep day
Cut the monotony out with biceps push-ups, lat pull-down curls and more
India's Gold Imports Rise 40.79% to $2.68 Billion in January
The country's gold imports in January rose by 40.79% to $2.68 billion on account of increasing domestic demands, according to commerce ministry data.
India Lifts Hindalco's Q3 Show
Hindalco Industries Ltd managed to sail through in the December quarter (Q3FY25).
Japan's KYB Corp exits its 51% stake in JV with Conmat
India's concrete equipment market is expected to grow to ₹230 billion from ₹88 billion, in four years
Take a new trade approach in response to Trump 2.0
Lowering tariffs will help India sign FTAs with others. Broadly, we should focus more on trade in services
Sotheby's Taps Into Indian Art Market Boom With Sales of ₹304 Cr in 2024
Risk-taking younger collectors, both from India and abroad, drive demand, representatives of the gallery said
