For the last hundred years or so, it seemed that one important ingredient for running an economically successful country was a western-style democratic government. All evidence pointed to the idea that capitalist representative democracies made for the best economic outcomes. It turns out that isn’t the only way to succeed. In the last 40 years or so, authoritarian capitalism as it’s practiced in places like China and Singapore has been working really, really well, too.
Continuing World History Topics by Crash Course. This series is presented in 30 episodes.
Previously in World History Topics.
This is the last video in the series. Other videos on History Moments by Crash Course.
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