The Western world has rejected oligarchic and autocratic governmental structures. Foolishly, we have pushed them aside, denouncing them as immoral, favouring liberal democracies instead. Contradicting nearly all history, we view these two conditions (wealth and democracy) as inseparable. When we look to the poorest regions of the world, this ill-found sentiment is only reaffirmed; it is easy to look to a despot in Africa and shout, "Look! You need democracy to succeed." However, a simple review of the histories' of developed countries tells otherwise. Despite its seemingly successful practice in the Global North, democracy hinders the development of the Global South. Foremost, we must address the most obvious contention: it is true that nations like Taiwan, New Zealand and Norway are both developed and democratic. Furthermore, it is true that there are nations like North Korea and Chad that are both poor and under authoritarian regimes. However this correlation is mislead...