Commercialisation of democracy

Abstract

This article discusses the phenomenon of the global slowdown and the limiting of democratization theorised by Professor Samuel P. Huntington (waves of democratization). The author notes that democratization stopped on its third wave, somewhere on the edge of the eastern borders of Europe, North Africa and parts of Asia. In a globalized world, some states as international actors adopt their political systems to free-market principles, but openness does not lead to the intra-reform of political and social structures, to a fully democratic state. The rules built into the capitalist economy based on democratic states widely used in the early transition period, have been transformed in the direction of strengthening the state of limited democracies.