As Turkish strongman Recep Tayyip Erdogan lashes out against the “interest-rate lobby” for his country’s economic crisis, as Nicaragua’s dictatorship mobilizes against its own people, and as Venezuela’s socialist utopia sinks deeper into chaos, it’s remarkable how often we hear that a “crisis of democracy” is the defining political story of our times. And as Vladimir Putin’s persistent economic failures force him toward deeply unpopular pension reforms, it is even more remarkable how many people attribute this ostensible crisis to Russian cunning and might.
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