Capitalism Does Fine Under Authoritarian Rule- China

In the 1980’s, following the collapse of the eastern Bloc,¬†Francis Fukuyama’s claimed that free market liberal democracy had won out and would be history’s final form of government. Yes, the Chinese Communist Party (CCP) still ruled China. But China was introducing free market economic reforms and this economic liberalisation would inevitably lead to political liberalisation, … Continue reading Capitalism Does Fine Under Authoritarian Rule- China