Charlie Munger On Lee Kuan Yew and Singapore: The Best Political System

"My favorite political system, in terms of it adapting to its circumstances, is Singapore. I think Singapore is the single most successful governmental system that exists in the world... Singapore has a habit of stepping hard on things that will grow like cancer. In America we tend to wait until things are unfixable and then try to fix them... Study the life of Lee Kuan Yew, you're going to be flabbergasted." - Charlie Munger