Is democracy still the best political regime for countries to adapt
to economic and technological pressures and increase their level of
prosperity? While the West seems to have stagnated in an
environment of political mistrust, increasing inequality and low
growth, the rise of the East has shown that it may not be liberal
democracy that is best at accommodating the social mutations that
technologies have triggered. The cases of China and Italy form the
research focus as two extremes in growth performance. China is the
star of globalisation in the East, while Italy is the laggard of
globalisation in the West and a laboratory of creeping political
meltdown now shared by other major Western economies. But is this
forever? Introducing the 'innovation paradox' as the main challenge
to the West and the notion of 'knowledge democracy' as key to
sustainable growth, this book presents a new side to the debate on
the Fourth Industrial Revolution (or fifth as the authors argue).
It is a vital reading for all those questioning what kind of
democracy positively impacts innovation as the force whose speed
and direction transforms societies and economies.
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