The future of liberal democracy depends on its ability to reform itself and address the legitimate grievances of those who feel left behind by globalization and technological change.
The most significant threat to liberal democracy today is not from rival ideologies like communism or fascism, but from within—from the rise of populism and the erosion of democratic norms.
The great ideological battles between liberalism and communism, or between democracy and authoritarianism, have been replaced by a general consensus on the desirability of liberal democracy.
The spread of liberal democracy and the integration of the world economy have created a situation in which the only legitimate form of government is one that is based on popular sovereignty and respects basic human rights.
The spread of liberal democracy and the integration of the world economy have created a situation in which the major powers are no longer willing to risk war with one another.