Economic Origins of Dictatorship and Democracy

@inproceedings{Acemoglu2005EconomicOO,
  title={Economic Origins of Dictatorship and Democracy},
  author={Daron Acemoglu and James A. Robinson},
  year={2005}
}
This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the majority of citizens, but opposed by elites. Dictatorship nevertheless is not stable when citizens can threaten social disorder and revolution. In response, when the costs of repression are sufficiently high and promises of concessions are not… 

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