Business Funding Axis Capital Group: For the People, By the People in Indonesia

Recently, Indonesian lawmakers voted to eliminate direct elections for local government throughout the country. To put it lightly, this is an attack on the democracy that has drawn accolades in recent years. In July, after the losing presidential candidate Prabowo Subianto finally (and humbly) accepted defeat, many were quick to hail the strength of Indonesian democracy -- the peaceful transfer of power has always been a valuable test of democratic vitality. But with this latest piece of proposed legislation, the country threatens to stagger backward, following countries like Turkey and Egypt in a hasty retreat from democratic principles.