# Why businesses must speak up about democracy

> Businesses should advocate for democracy to boost economic prosperity.
- Title: Why businesses must speak up about democracy · Fastcompany
- Summary: Businesses should advocate for democracy to boost economic prosperity. Hannah Fried argues democracy and economic growth are linked, with democratic…
- Keywords: democracy, economic prosperity, gdp, businesses, hannah fried, all voting is local, democratic backsliding, economic indicators, must, speak, Fastcompany
- Source: Fastcompany — https://fastcompany.com/91626197/why-its-time-for-businesses-to-speak-up-about-democracy
- Read time: 1 min
- Topics: democracy, economic prosperity, gdp, businesses, hannah fried, all voting is local, democratic backsliding, economic indicators
## Democracy and business link
Hannah Fried, cofounder and CEO of All Voting Is Local, says democracies tend to perform better economically with GDP growth and thriving businesses.
## Democratic backsliding harms economy
Countries with democratic backsliding often see declines in key economic indicators.
## Businesses should speak up
Hannah Fried argues businesses must advocate for democracy to strengthen economic prosperity.
## Economic connection
Democracies show stronger economic performance, while democratic backsliding leads to economic downturns.
## Why businesses must act
Businesses can influence democracy by speaking up, as economic prosperity and democratic health are deeply connected.
## What happens next
Businesses should advocate for democracy to boost economic prosperity and prevent democratic backsliding.
## Key takeaway

Hannah Fried argues democracy and economic growth are linked, with democratic countries showing stronger GDP and businesses.