Democracy is Failing | Eric X Li | Oxford Union

Eric X Li speak of how China's economy grows yet the democratic western world is failing.
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Eric X Li gives a rousing speech on China's rise as the next dominant world superpower. America, supposedly the richest country in the world can't figure out a way to provide healthcare for 15% of it's population. Youth unemployment is above 50% in european member states. The west has dominated world affairs for a couple of centuries, Eric X Li says that maybe that time is coming to an end.

Filmed on Friday 1st November 2013

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ABOUT ERIC X LI:
Eric X. Li is a venture capitalist in Shanghai. He serves on the board of directors of China Europe International Business School (CEIBS) and is vice chairman of its publishing arm CEIBS Publishing Group. Mr. Li is a Henry Crown Fellow of the Aspen Institute.

ABOUT THE OXFORD UNION SOCIETY:
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