Originally posted on TED Blog:
In today’s talk, Zambian-born economist Dambisa Moyo describes how China’s growing presence in Africa is challenging a centuries-old tenet of Western political thought.
[ted_talkteaser id=1842]For more than 200 years, Moyo argues, liberal democracy has ruled the roost. Particularly in the West, it’s long been considered the political system most likely to deliver economic success and social development — a system of political rights, enjoyed by individuals, this line of reasoning goes, is the necessary bedrock for market-driven growth and prosperity.
But Moyo points out that China has turned this idea on its head: China’s state capitalism has propelled the country’s explosive growth without extending expanded political rights to its citizens. In this provocative talk from…
View original 629 more words