New reports show that the vaunted "Third Wave" of democracy has now been mostly erased and American democracy is on the rocks. 2026 could determine whether there is a turnaround.
Last week, two major global democracy watchdogs released their annual reports on the state of democracy in countries around the world. Their assessments are grim. According to the V-Dem Institute at the University of Gothenburg in Sweden, democracy for the average person in the world has returned to a level last seen 1978. It concluded that the gains in…

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