NE STUD 165 Lecture Notes - Abdul Rahman Ghassemlou, Tehran Stock Exchange, Shapour Bakhtiar

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Democracy as a system of govemment is proclaimed to be superior to dictatorship. Since the collapse of the system in the soviet union and. Eastem european countries, people in all countries are converging on the ideal of democracy to improve economic performance of their country as well as to ameliorate the human and civil rights ofthe people. For more than a century, the people of iran have stmggled to establish a democratic system of govemment. The constitutional revolution of 1907 in iran tried to replace absolute monarchial regime with constitutional monarchy and parliamentary democracy, but it had limited success and a dictatorial monarchy was imposed. In the early 1950s a conflict emerged between nationalists, led by prime. Minister mossaddegh, and monarchists, led by the shah himself the conflict concemed the extent of power and control exercised by the shah and the royal family in the state"s affairs and the nationalization of oil.

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