Resurgent autocrats no alternative to liberal democracy?

Unlike the twentieth century’s failed autocracies, contemporary authoritarianism represents an alternative form of capitalism and a sustainable rival to liberal democracy. Or does it? 
Democracy may be facing a backlash or, at least, have stalled; China has married a one-party dictatorship with capitalist modernization; rising energy prices have fuelled autocratic regimes from Central Asia and the [read full story]