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ANTON PELINKA regions of the world, and especially not concerning the inequalities between global the regions. Globalization is an enemy of equality — but at the same time it is the reason for an increase of equality. CONCLUSION Democracy must not be seen as a perfect system. Any known form of democracy is full of contradiction, and any democracy can be improved — and it also can lose some of its qualities. At this very moment, in the second decade of the 21* century, there is no conclusive alternative to democracy. There will never be a guarantee for democracy — but where is non-democracy? The best argument in favour of democracy is the catastrophic consequences all modern non-democracies have lead to. BIBLIOGRAPHY DAHL, Robert A., Democracy and its Critics, New Haven, Yale University Press, 1992. FUKUYAMA, Francis, The End of History and the Last Man, New York, The Free Press, 1992. HELD, David - MEPHAM, David, Progressive Foreign Policy - New Directions for the U.K, Cambridge, Massachusetts, Polity Press, 2007. PIKETTY, Thomas, Capital in the Twenty-First Century, Cambridge, Mass., The Belknap Press of Harvard University, 2014. For further reading: LIJPHART, Arend, Thinking About Democracy. Power Sharing and Majority Rule in Theory and Practice, London, Routledge, 2008. MÜLLER, Jan-Werner, Contesting Democracy. Political Ideas in TwentiethCentury Europe, New Haven, Yale University Press, 2011. * 30°