Risky Pleasures

— I don't understand this passage in the WaPo story about the accession of ex-communist countries to the EU:
“Fifteen years after the Berlin Wall fell, the eight — who will join with Cyprus and Malta — have traded the straitjackets of planned economies and one-party rule for the risky pleasures of democracy and capitalism.”
According to my understanding of the way the world works, anything BUT democracy and capitalism is risky, though not a pleasure.