Check out https://Surfshark.deals/kraut and use the code Kraut to get 85% off a 2 year plan and 3 months for free! 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. ►You can support my channel on Patreon here: https://www.patreon.com/Kraut_and_Tea ►You can also support me on PayPal here: https://www.paypal.me/KrautandTea ►You can support me on ko-fi here: https://ko-fi.com/kraut ►You can follow my twitter here: https://twitter.com/notreallykraut ►You can also follow me on Instagram here: https://www.instagram.com/el_kraut/ ►You can discuss this video on my subreddit: https://www.reddit.com/r/kraut/ ►You can follow and watch me on twitch here: https://twitter.com/Der_Parrot ►You can join my community, give feedback and talk to me here: http://derserver.xyz/ 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 https://www.youtube.com/watch?v=fr2elwfXim8 You might be interested in this video too: https://www.youtube.com/watch?v=404IeUzGNZ4 Thank you again, and don't forget to subscribe to watch more.