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As geopolitical tensions reshaped the global landscape, a critical question confronted policymakers, citizens, and leaders across the world: How will the intensifying competition between autocratic and democratic systems reshape global order and international relations? The rise of strategic rivalry between China, Russia, and America was creating unprecedented uncertainty—yet many struggled to understand these dynamics and what they meant for the future of global affairs. In this episode of "Risk On/Risk Off," we talked with Michael McFaul, former U.S. Ambassador to Russia and Senior Fellow at Stanford University's Freeman Spogli Institute for International Studies. With his unique perspective as a leading scholar of international relations, former diplomat, and astute analyst of great power competition, McFaul brought deep insights into the ideological, geopolitical, and economic forces reshaping global order. His expertise spans democratization, autocratic systems, U.S.-Russia relations, U.S.-China relations, and the critical intersections between political systems and economic stability that define our era. Through decades of academic research, diplomatic experience, and current policy analysis, McFaul has developed a sophisticated understanding of how the fundamental divide between autocratic and democratic governance systems influences international relations, trade, technology policy, and global institutions. His new book, "Autocrats vs. Democrats: China, Russia, America and the New Global Disorder," examines how this epochal competition is reshaping international order and what it means for nations, businesses, and democratic societies navigating an increasingly fractured world. This was a fascinating conversation about great power competition, the collision between competing systems and values, geopolitical risk, and how we can better understand and prepare for a world of intensifying autocratic-democratic competition in an increasingly complex and strategically consequential global environment.