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A recently reemerging idea in the English speaking political landscape is that history is the story of an almost natural progression of humanity into liberty culminating within English and American democracy. This is nonsense. And it also has a name: "whig history"
In this video I would like to show you why whig history is bunk, and also detail to you how economic liberties that are so often praised by advocates of whig history, can very often result in the creation of oligarchies that then proceed to undermine and destroy the very economic liberties that created the oligarchy in the first place.

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Sponsorship (0:00)
Intro (0:56)
A short political history of medieval Hungary (2:37)
The Hungarian oligarchy ​(3:34)
The Decline of Oligarchy (06:00)
What is whig history (07:33)
The rise and fall of Venice (11:38)
Warnings of Oligarchy (16:11)
The birth of American Oligarchy (18:05)
The death of American Oligarchy (23:34)
A warning from History? (25:33)
Outro (27:16)

Sources: Why Nations Fail by Darren Acemoglu
The Origins of Political Order by Francis Fukuyama

Music:
Nocturne in B flat minor, Op. 9 no. 1
Symphony no. 5 in Cm, Op. 67 - IV. Allegro (For Recorder Ensemble - Papalin)
Nocturne in E flat major, Op. 9 no. 2
Violin Concerto in G minor, RV 315 'Summer' - Complete Concerto
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