Francis Fukuyama

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April 10, 2026

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April 10, 2026

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"The one on the right concerned the shift from an older understanding of economic liberalism to what is now called "neoliberalism." Neoliberalism is not... a synonym for capitalism. I don't see how you can have any kind of modern economy without a market based economy. Neoliberalism took that basic insight and stretched it to an extreme seeking to deregulate, privatize and basically pull back the role of the state, which many neoliberals regarded as simply obstacles to individuals, to entrepreneurship, to economic growth, and as a result markets did their usual work. They produced a great deal of inequality, as... global corporations searched for very small cost advantages by moving jobs to low cost areas... [T]hey destabilized the global economy in certain important ways by deregulating the financial sector. As a result of the deregulation that occurred in the 1980s and 90s we had an escalating series of financial crises. In the sterling crisis, the Asian financial crisis, Argentina, Russia, and finally culminating in the big American subprime crisis in 2008. The... cumulative effects of this instability were political and they were very serious because many ordinary people were hurt... a lot of people lost their homes, lost their jobs, and the elites that ran these big banks and financial institutions suffered only a momentary disruption in their incomes, and went on to continue to dominate their respective economies... [T]his had a direct impact on the rise of populism in subsequent years, both on the right and on the left."

- Francis Fukuyama

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"There was... an attack on the individualistic premise that underlies liberalism through a new kind of identity politics. There is a liberal form of identity politics that says that liberalism does not live up to its promises of the equal treatment of individuals. So... black people, other racial minorities, women, LGBTQ people, have been marginalized and excluded from... full participation in the promise of a liberal... rule of law... [I]dentity politics was simply a means of mobilizing people and getting them to push for their inclusion. So that's a liberal and... perfectly acceptable and... desirable understanding of identity. But there is another view that's grown up very powerfully, especially in the Anglo-Saxon world... places like the United States or Britain or Australia, where identity politics is seen as an attack fundamentally on the individualistic premise of liberalism. That is to say, individuals are not really free. They're determined by the categories, the racial, gender and other categories into which they are born, and that the society needs to respect not what they do and decide as individuals, but to look first to that category, the racial, ethnic, gender category, and use that as the means of determining... the distribution of resources, hiring, promotion, the other goods that society offers, and that... is fundamentally illiberal. It divides the society which had previously been held together through a set of... common values shared by individuals, into a society of groups, and at the end of that process you can ultimately end up with a place like Lebanon or Bosnia where identity politics... defines the whole of politics...[T]here is a kind of effort to move our modern liberal democratic politics in that kind of identity based direction, coming out of the contemporary left."

- Francis Fukuyama

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"The attack on modern natural science has come from a number of sources... [I]t starts ...on the left with a series of intellectual developments... French structuralism that then develops into post-structuralism, postmodernism and ultimately into different varieties of contemporary critical theory, the premise of which is that there's... a subjectivity in the way that we perceive the world. We don't so much perceive an objective reality, as impose reality on the world through the words that we use. This... culminates... in the thought of Michel Foucault, who's a very brilliant philosophical observer, but he began to argue that... modern science is not an objective cognitive technique, it is really something that elites use to manipulate people... [I]n previous years they could simply order the death of one of their subjects, but now they use science and the authority that science carries, to convince people of certain things that are essentially a way of holding power over them... [H]e applies this to things like incarceration, homosexuality, mental illness and the like, but by the end of his career had... broadened the idea of to... include much of what we understand to be modern natural science, and so the skepticism of science really starts on the progressive left. It has now completely moved over to the nationalist populist right. So during the COVID epidemic and... to the present... there are many people on the extreme right around the world that... argue, just like Foucault, that what the public health authorities are telling you about vaccines or about masking is... not based on objective science. It's based on... the elite desire to manipulate you, and it's really a game about power, rather than about the truth. You combine that with the internet and the new digital technologies that have wiped away all of the former gatekeepers, like the traditional media or... other credible sources of scientific information that used to certify information. You combine that with a principled belief that there really is no such thing as objective truth, and you get the situation... we now face, in which, at least in the United States... we can't agree on whether vaccines are safe, ...who is the winner of the 2020 presidential election and the like..."

- Francis Fukuyama

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"The mainstream media does have a liberal bias, as does a lot of... higher education, academia... and so forth... [A] lot of people see that and they don't like it. ...The problem is that the solution ...offered by the extreme right is... a lot worse... [T]he critics of the mainstream media don't... appreciate that fact that there is diversity... that there are actually journalistic standards that... The New York Times and '... adhere to. All of which is being tossed out the window on the far right... in reaction to the perceived bias. ...[T]here's a difference between bias and outright... lying. So the bias... has to do with what kinds of stories are covered... the kinds of slant that's given to the reporting... but what's going on in large sections of the conservative media is just outright... untruth... people will just make up facts... without sourcing them properly... [T]hat's another sense in which... the solution is a lot worse than the... underlying disease. ...What we need is a responsible right wing media that does adhere to certain basic journalistic standards. ...[T]here's a tendency on the part of everybody to... take particular anecdotes and instances of abuse and then generalize it to say that... the entire media universe is corrupt... without... appreciating the fact that... that's not a universal problem."

- Francis Fukuyama

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