[H]e was the most important Asian statesman of his generation, an achievement all the more remarkable for being based on the small state of Singapore. He had his own kind of democracy to be sure, but his strong commitment to free-market capitalism had done wonders for the tiny island which he governed.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "[H]e was the most important Asian statesman of his generation, an achievement all the more remarkable for being based on the small state of Singapore. He had his own kind of democracy to be sure, but his strong commitment to free-market capitalism had done wonders for the tiny island which he governed." in the context of "Margaret Thatcher, The Path to Power (1995), p. 386" to mean that wisdom is timeless.