Acemoglu and Robinson on Why Democracy Fails

It is possible that the economy would have been so deeply damaged that even greater and more violent protests would have erupted. More ominously, the Muslim Brotherhood may have taken over the arteries of power so thoroughly that they would be able to set up their own dictatorship, effectively blocking any path that may have temporarily opened to more inclusive political institutions in Egypt.All possible, but we also would say that these are perhaps risks preferable to bringing back the army with the support of the so-called Egyptian liberals now cheering an effective return to a military-controlled society. In fact, the Rebel movement, which collected over 20 million signatures to call for early presidential elections, suggests that the Muslim Brotherhood could have easily been defeated at the polls, if only its opponents could bide their time.

The full article is here.


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