Promotion of Democracy: Naive, Hypocritical and Pragmatic Approaches

The end of the Cold War brought about the acceleration of processes of globalisation that for the first time have covered practically the whole world. Essential parts of these processes have been the spread of principles of market economy (often by means of 'shock therapy' and in the form of free markets as expounded by the Chicago School of Milton Friedman) and ideas of democracy for which there has been both demand from the East as well as supply from the West.