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Technology Stocks : Intel Corporation (INTC)

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To: Amy J who wrote (182629)	11/11/2005 2:39:31 AM
From: Saturn V	Read Replies (1) of 186894

Dictatorship can achieve results faster than a democratic setup. But it does not always happen that way. You are citing the success of Singapore and present day China, but most totalitarian setups are not as successful. Most dictatorships run amok although there have also been spectacular successes. Stalin was very successful for a while, and so was Hitler, and Mussolini made the trains run on time. More disastrous examples are Haiti,Burma and Cambodia. Latin America has frequent spells of strongman rule but with lackluster growth. Maos China had very mixed results and so did the Soviet Union. Japan,Taiwan,Korea, Malaysia and Thailand have done well without totalitarian rule. Very few authoritarian regimes are successful for long. In emerging nations, people tire of the slow democratic process and yearn for a benevolent dictator. Most of the time they are bitterly disappointed.

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