China, Singapore, India or -- closer to us -- recently Turkey don't augur well for the future. It's my belief that modern capitalism is developing in a direction in which it functions better without a fully developed democracy. The rise of the so-called capitalism with Asian values in the past 10 years at the very least raises doubts and questions: What if authoritarian capitalism on the Chinese model is an indication that liberal democracy as we understand it is no longer a condition for, and driving force of, economic development and instead stands in its way?
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